Uncovering The General Economic Logic Of Price Systems

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Uncovering The General Economic Logic Of Price Systems

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Author : John P. Barrados Ph.D.
language : en
Publisher: Trafford Publishing
Release Date : 2013-05-28

Uncovering The General Economic Logic Of Price Systems written by John P. Barrados Ph.D. and has been published by Trafford Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-28 with Business & Economics categories.

This book establishes that there is a fault or inconsistency in the orthodox classical price system. This suppresses in the system the general economic logic that should characterize all price systems. This mars the orthodox classical system in various ways, for example, by bringing an incorrect form of Say's Law into the system that restricts it to long-run states. However, the inconsistency in the orthodox classical system is resolved in the book through a revised classical system. This gives the latter system a more general character than the orthodox form of the system. This is reflected, for example, in the revised classical system being rid of the incorrect form of Say's Law that restricts the orthodox classical system to long-run states.

Uncovering The General Economic Logic Of Price Systems

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Author : John P. Barrados
language : en
Publisher:
Release Date : 2013-05

Uncovering The General Economic Logic Of Price Systems written by John P. Barrados and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05 with categories.

This book establishes that there is a fault or inconsistency in the orthodox classical price system. This suppresses in the system the general economic logic that should characterize all price systems. This mars the orthodox classical system in various ways, for example, by bringing an incorrect form of Say's Law into the system that restricts it to long-run states. However, the inconsistency in the orthodox classical system is resolved in the book through a revised classical system. This gives the latter system a more general character than the orthodox form of the system. This is reflected, for example, in the revised classical system being rid of the incorrect form of Say's Law that restricts the orthodox classical system to long-run states.

Resolving An Inconsistency In Economic Theory

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Author : John P. Barrados, Ph.D.
language : en
Publisher: Trafford Publishing
Release Date : 2010-03-29

Resolving An Inconsistency In Economic Theory written by John P. Barrados, Ph.D. and has been published by Trafford Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-03-29 with Social Science categories.

This book uncovers and resolves an inconsistency in orthodox theoretical price systems, systems we represent by the orthodox classical system. This inconsistency stems from the general economic logic that should underlie all price systems being suppressed in the orthodox systems. This is a result of an aspect to the behavior of individuals and firms being missing from the systems. The book first establishes how this inconsistency enters the orthodox classical system. Then a revised form of this system is set out that is rid of this inconsistency; and the focus of much of the book is on the revised classical system. This, however, is with the broader aim of bringing out how the general economic logic of price systems should be brought into all price systems. This general economic logic brings a common element to price systems that provides, in principle, the basis to integrate the systems. There are key implications of the book not only for the classical system but also for the Keynesian and Patinkin systems. As well, the book has relevance for Say’s Law and for issues about ensuring consistency of price systems, the existence of market processes in the systems and the use of mathematics in writing price systems.

The Price System

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Author : Robert Dorfman
language : en
Publisher:
Release Date : 1964

The Price System written by Robert Dorfman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1964 with Commerce categories.

Explains theoretical concepts of information, decision and control, relating the analytic apparatus of economics to practices of businessmen, accountants, and everyday consumers.

The American Printer

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Author :
language : en
Publisher:
Release Date :

The American Printer written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with Bookbinding categories.

System

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Author :
language : en
Publisher:
Release Date : 1917

System written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1917 with Business categories.

Economics Transformed

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Author : Robert Albritton
language : en
Publisher: Pluto Press (UK)
Release Date : 2007-05-20

Economics Transformed written by Robert Albritton and has been published by Pluto Press (UK) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-05-20 with Business & Economics categories.

"Taking up key aspects of Marx's work, including surplus value theory, dialectical reasoning and the commodity form, Robert Albritton highlights their relevance in the modern world - and explains why mainstream economics has been so blind to their revolutionary potential."--BOOK JACKET.

The Magazine Of Business

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Author :
language : en
Publisher:
Release Date : 1917

The Magazine Of Business written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1917 with Business categories.

Emission Mechanism As Part Of The Monetary System Monetary And Economic Policy And Of The Different Operations That May Mean Financial Repression

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Author : Stanko Radmilovic
language : en
Publisher: GRIN Verlag
Release Date : 2014-02-11

Emission Mechanism As Part Of The Monetary System Monetary And Economic Policy And Of The Different Operations That May Mean Financial Repression written by Stanko Radmilovic and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-02-11 with Business & Economics categories.

Scientific Study from the year 2012 in the subject Economics - Macro-economics, general, University of Novi Sad, course: Economics, language: English, abstract: At the beginning of this article we have to say that the readers, in order to obtain more comprehensive information about what is actually happening in the World of money and finance, can expect not only broader, but also a more complex elaboration about its creation, the one that is presented in the article “The initial explanation of money creation - opens the door to uncovering its mystery and virtuality.” Generally it is not excluded that there will be those who will stand on the notion that it is inappropriate and that the emission of money is no longer a highly topical issue, pointing to the arguments that, in a sense, "are true, but not the whole truth ". For example, stating that the issue of money creation and the monetary system as a whole is not as current as it used to be, and according to many the same goes for monetary policy, the following theses and reasons are mentioned: (1) "The bogeyman" of (hyper)inflation has been globally overcome and the situation today is quite different from that in the larger part of the second half of the twentieth century. In other words, many will insist that, already at the end of the twentieth century, especially in the current period, financial instability (anyhow we define it) and the financial domain in general (that is, how the money is used), have become a more acute problem than the monetary, price instability, then inflation; (2) from this fact, can be drawn consequential thesis, which reduce actuality and importance of money emission; (3) or, in other words, a conclusion is drawn that the focus is not any more on the activities related to the existence, disruption of equilibrium and restoration of macro-monetary balance of supply of (Ms) and demand money (Md) - which means the mechanisms and policies of issuing money – but this place being taken over by finance, financial system, financial (in)stability. Or, to put it differently, or even more clearly: in the foreground, there is an outbreak of incredible expansion of modalities of use of money and a number of implications that arise from these modalities.

Comparative Economic Systems

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Author : John E. Elliott
language : en
Publisher: Prentice Hall
Release Date : 1973

Comparative Economic Systems written by John E. Elliott and has been published by Prentice Hall this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Business & Economics categories.