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Cost and Choice : Inquiry in Economic Theory - James M. Buchanan

Cost and Choice

Inquiry in Economic Theory

Paperback Published: 1st January 1979
ISBN: 9780226078182
Number Of Pages: 120

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"As he usually does, Professor Buchanan has produced an interesting and provocative piece of work. [Cost and Choice] starts off as an essay in the history of cost theory; the central ideas of the book are traced to Davenport and Knight in the United States, and to a series of distinguished writers associated at various times with the London School of Economics. The author emerges from this discussion with what can be described as the ultimate in subjectivist cost doctrines. . . . Economists should learn the lessons offered to us in this little book—and learn them well. It can save them from serious errors."—William J. Baumol, Journal of Economic Literature

Cost in Economic Theory Classical Economics Marginal-Utility Economics
The Marshallian Synthesis Frank Knight and American Neoclassical Programs
The Origins and Development of a London Tradition Wicksteed and the Calculus of Choice
Knight on Cost as Valuation Robbins, 1934 Mises, Robbins, and Hayek on Calculation in a Socialist Economy Hayek, Mises, and Subjectivist Economics
The Practical Relevance of Opportunity Cost: Coase, 1938 G. F. Thirlby and ""The Ruler"" Mises'Human Act
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780226078182
ISBN-10: 0226078183
Series: Midway Reprints
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 120
Published: 1st January 1979
Publisher: The University of Chicago Press
Country of Publication: US
Dimensions (cm): 21.5 x 14.0  x 1.27
Weight (kg): 0.2

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