The Limitations of Marginal Utility (Essential Economics Series: Celebrated Economists) (Paperback) (ISBN-13: 9781473324169)

Originally published in 1909, this is a work by Thorstein Veblen, an American economist and sociologist. It is an article written for the Journal of Political Economy publication outlining some of his theories on economics. We are republishing this work with a brand new introductory biography of the author with the aim of placing it in the context of his other writings and achievements. The following passage is an extract from the article: 'The limitations of the marginal-utility economics are sharp and characteristic. It is from first to last a doctrine of value, and in point of form and method it is a theory of valuation. The whole system, therefore, lies within the theoretical field of distribution, and it has but a secondary bearing on any other economic phenomena than those of distribution -- the term being taken in its accepted sense of pecuniary distribution, or distribution in point of ownership.'

Author: Thorstein Veblen
ISBN-10: 1473324165
ISBN-13: 9781473324169
Publisher: White Press
Language: English
Published: 12/11/2014
Pages: 34
Format: Paperback
Weight: 0.12lbs
Size: 8.50h x 5.50w x 0.08d