The author recognizes thatΒ increasing returns play havoc to much of the established wisdom in economic analysis, making money non-neutral, equity conflict with freedom, and encouraging goods with increasing returns efficient. This book discusses these problems and ways they can be handled, helpingΒ t
Increasing Returns and Economic Progress - Allyn A. Young
- Year
- 1928
- Category
- Magazine
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
Selected papers from many leading Australian, American, Asian, British and European economists of an international conference at Monash University sparked by the first Australian visit by Kenneth J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently emerged New Classical Economics which
Pioneering work on an important new approach to economics.<br />
Study of the progressive division of labor is a burgeoning industry in economics in recent years. Classical authors, dating back as early as 500 BC, have made insightful analyses on the determinants and implications of the division of labor. Unfortunately these writings are rather scattered and not