{"product_id":"the-economic-theory-of-costs-matthew-mccaffrey-9781138670938","title":"The Economic Theory of Costs: Foundations and New Directions","description":"\u003cp\u003eThis volume explores, develops, and critiques the rich literature on costs, examining the many roles cost plays in economic theory and practice. The book especially studies costs from the perspective of the Austrian or \"causal-realist\" approach to economics. The chapters integrate historical work with contemporary research, finding valuable crossroads between numerous traditions in economics. They examine the role of costs in theories of choice and opportunity costs; demand and income effects; production and distribution; risk and interest rates; uncertainty and production; monopsony; Post-Keynesianism; transaction costs; socialism and management; and social entrepreneurship. Together, these essays represent an update and restatement of a central element in the economic way of thinking. Each chapter reveals how the Austrian, causal-realist approach to thinking about costs can be used to solve an important problem or debate in economics. \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Matthew McCaffrey\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1138670936\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781138670938\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Routledge\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/04\/2017\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 270\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.27lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 0.69d","brand":"Matthew McCaffrey","offers":[{"title":"Hardcover","offer_id":48153454903551,"sku":"9781138670938","price":200.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_d669ffa8-2b1b-4449-8238-2ce4407af8ce.jpg?v=1770783589","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-economic-theory-of-costs-matthew-mccaffrey-9781138670938","provider":"WR Book House","version":"1.0","type":"link"}