£163.86

Routledge The Economic Organization by Frank Hyneman Knight - Economics Theory

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Description

Frank Hyneman Knight's The Economic Organization stands as a foundational text that reshaped economic theory instruction in America during the 1930s. Originally published by Routledge, this influential work emerged from Knight's circle at The University of Chicago and became essential reading for understanding price theory. The book demonstrates how market organization enables societies to solve fundamental problems of valuation and efficiency whilst simultaneously organizing production and resource distribution. Knight's analysis reveals how market systems create incentives for progress and economic advancement. This seminal work provides a concise yet comprehensive introduction to economic organisation, making it an invaluable resource for students and economists seeking to understand the theoretical foundations of market economics and the principles that drive modern economic systems.

Key Features

The Economic Organization by Frank Hyneman Knight offers foundational insights into price theory and market organisation from a pioneering University of Chicago economist.

Published by Routledge, this classic text demonstrates how market systems solve valuation, efficiency, production and resource distribution challenges.

Knight's analysis reveals the incentive structures within market economies that drive progress and economic advancement across societies.

Originally released in the 1930s, The Economic Organization revitalised economic theory teaching and influenced generations of professional economists.

Product Specifications

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

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