£149.54

Routledge The Economic Organization - Frank Hyneman Knight - Routledge

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Description

Explore a foundational text in economic thought with The Economic Organization by Frank Hyneman Knight. Published by Routledge, this work played a major role in revitalizing economic theory teaching in America during the 1930s. It served as the basis for the price theory revolution driven by economists from Knight's circle at The University of Chicago. In this book, Knight examines how market organization allows societies to address the essential functions of valuation and efficiency. He explains how these systems organize the production and distribution of resources while providing the necessary incentives for progress. This text offers a clear introduction to the mechanics of economic structures and their impact on society. It remains a significant resource for students and scholars interested in the history and theory of economic systems.

Key Features

Examines how market organization solves fundamental functions of valuation and efficiency within a society.

Provides an overview of how resource production and distribution are organized through economic systems.

Explains the role of market incentives in driving progress and economic development.

Offers a historical perspective on the revitalization of American economic theory during the 1930s.

Serves as a foundational text that influenced the price theory revolution at The University of Chicago.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
25 October 2017
Listed Since
08 December 2017

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