ENGLISH

Cost, choice and political economy

By Jack Wiseman

Book information

Publisher
E. Elgar
Year
1989
ISBN
9781852781651, 1852781653
Language
english
Format
DJVU
Filesize
5 MB (4856789 bytes)
Pages
\304
Topic
Economy
Time added
2022-06-17 16:05:31

Description

This book presents in one volume Professor Wiseman's seminal work on the theory of costs and the economist's treatment of the role of government. The major themes concern the subjectivity of costs and the unknowability of the future. From an initial scepticism about pricing rules, the arguments develop into a comprehensive critique of mainstream economic theory and, more positively, an exposition of the fundamentals of a new political economy grounded in choice-as-opportunity-cost.

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