Foundations of the market price system
Date
1974
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
California State Polytechnic University, Pomona, California
Abstract
Description
1.How Can People Get By?; 2.Scarcity—the Basic Economic Problem; 3.Division of Labor and the Origin of Money; 4.Production, Income, and Economic Growth; 5.Scarcity and Individual Choice; 6.The Demand Side of the Market; 7.Price-Elasticity of Market Demand, Appendix: The Coefficient of Elasticity; 8.How the Market Determines Prices, Appendix: Will the Real Supply Stand Up?; 9.Profits — and Other Incomes; 10.The Consumers' Sovereignty Problem, Appendix: The Galbraith Effect; 11.Competition: "perfect" vs real