Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This profound exploration of classical economics centers around the theme of 'the value of value' and takes a critical look at the economic landscape of the time. The author posits that the standard definition of value, including that given by Karl Marx, is incomplete. Complexifying the matter further, the book argues that demand and cost of production alone cannot determine value, as it is a concept that rests upon the foundation of both demand as well as the availability or 'difficulty of attainment' of the object in question. The author asserts that while circumstances have led many to see scarcity as the driver of value, this is only one side of a two-sided coin, and it is essential to shift focus to demand as the essential requirement for value to exist. Unfortunately, the book contends, a distorted emphasis on scarcity has resulted in a misguided pursuit of supply limitation as a means to promote wealth. Consequently, this practice has done more harm than good, leading to an undermining of material well-being and economic progress. The author argues that in order to create real wealth, it is necessary to place more value on demand, and not on limiting supply. This is because demand not only attaches value but also stimulates price increases, which in turn act as an incentive for further supply expansion. In effect, demand is seen as a force that fosters growth and abundance rather than leading to shortages and scarcity. At its core, the book invites readers to re-evaluate their understanding of the fundamental principles of economics and to consider new perspectives on value and wealth creation. The insights presented in this book could potentially have a profound impact on the way economics is practiced and understood in society. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781330262764_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330262764
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330262764
Quantité disponible : 15 disponible(s)