The Real Price of Everything：Rediscovering the Six Classics of Economics

The Real Price of Everything：Rediscovering the Six Classics of Economics

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作者: Michael Lewis

出版社: Sterling Publishing Co. Inc.

出版时间: 2007

ISBN: 9781402747908

装帧: 其他

开本: 其他

页数: 1472页

分类: 外文古旧书>英文书>经济

This is a complicated book because of its length and technical verbiage in economics.
The outline includes lengthy dissertations by 5 or more writers in foundational
economic literature and reporting. These are:
1776: The Wealth of Nations by Adam Smith
1798: An Essay on the Principle of Population
by Thomas Malthus
1817: Principles of Political Economy and Taxation
by David Ricardo
1899: The Theory of the Leisure Class: An Economic Study of Institutions by Thorstein Veblen
1936: The General Theory of Employment, Interest, and Money
by John Maynard Keynes
There is an extensive development of macroeconomic theory dealing with the GNP, as well as the microeconomics pertinent
to everything human beings do. The Wealth of Nations is the classic by Adam Smith. It espouses the theory that human beings are driven by self-interest & that they play a role in improving the market. The Mercantilists of the time believed that the wealth of a nation began with trade
surpluses. The division of labor leads to greater improvement, dexterity, time saving and mechanization. These concepts
permeate the modern patent laws around the world. The inherent
difficulty in weighing metals leads to the utilization of coins
and other money in the form of paper, bonds etc. Value is
defined in terms of its use in exchange. The real price is
a function of the toil involved in the manufacture or assembly
of a product.
Malthus believed that increasing the price of a stock
necessarily increased the price of provisions.
David Ricardo believed that population doubled every 25 years
and that capital doubled in less than 25 years or it lagged behind. Therefore, wages increased because the demand for labor
was greater than its supply. The value of a
commodity was a function of the amount of labor expended in
producing it. The quantity of labor with respect to commodity
production is modified by the employment of machinery, fixed
and durable capital.
Thorstein Vebleu believed that wealth increments lead to a
leisure class developing in structure and function.
At some point, the leisure class matures and it becomes exempt
from the idea of thrift and savings.
Overall, the book explains many of the concepts behind money and
wealth. The downside is the 1400 pages or so to accomplish this
monumental task. This would be an excellent purchase for students
of the economic sciences, government, politics, world history and
news reporting.
内容简介:
This is a complicated book because of its length and technical verbiage in economics.
The outline includes lengthy dissertations by 5 or more writers in foundational
economic literature and reporting. These are:
1776: The Wealth of Nations by Adam Smith
1798: An Essay on the Principle of Population
by Thomas Malthus
1817: Principles of Political Economy and Taxation
by David Ricardo
1899: The Theory of the Leisure Class: An Economic Study of Institutions by Thorstein Veblen
1936: The General Theory of Employment, Interest, and Money
by John Maynard Keynes
There is an extensive development of macroeconomic theory dealing with the GNP, as well as the microeconomics pertinent
to everything human beings do. The Wealth of Nations is the classic by Adam Smith. It espouses the theory that human beings are driven by self-interest & that they play a role in improving the market. The Mercantilists of the time believed that the wealth of a nation began with trade
surpluses. The division of labor leads to greater improvement, dexterity, time saving and mechanization. These concepts
permeate the modern patent laws around the world. The inherent
difficulty in weighing metals leads to the utilization of coins
and other money in the form of paper, bonds etc. Value is
defined in terms of its use in exchange. The real price is
a function of the toil involved in the manufacture or assembly
of a product.
Malthus believed that increasing the price of a stock
necessarily increased the price of provisions.
David Ricardo believed that population doubled every 25 years
and that capital doubled in less than 25 years or it lagged behind. Therefore, wages increased because the demand for labor
was greater than its supply. The value of a
commodity was a function of the amount of labor expended in
producing it. The quantity of labor with respect to commodity
production is modified by the employment of machinery, fixed
and durable capital.
Thorstein Vebleu believed that wealth increments lead to a
leisure class developing in structure and function.
At some point, the leisure class matures and it becomes exempt
from the idea of thrift and savings.
Overall, the book explains many of the concepts behind money and
wealth. The downside is the 1400 pages or so to accomplish this
monumental task. This would be an excellent purchase for students
of the economic sciences, government, politics, world history and
news reporting.

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