eBook - ePub
Objective Economics
How Ayn Rand's Philosophy Changes Everything about Economics
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
Objective Economics
How Ayn Rand's Philosophy Changes Everything about Economics
About this book
Every price is set by someone; this is where economics begins. Building on that fundamental idea and on Ayn Rand's philosophy of Objectivism, Objective Economics transforms economics. The thesis of this book is that Ayn Rand's concept of "objective" is the indispensible base of valid economic thought. Consistently applying this idea across the board, the author reaches a general theory of price for the first time in the history of economic thought. This theory of price then provides a valid base for explaining how a free economy functions. Based on facts everyone knows, presented without graphs or higher mathematics, Objective Economics makes accessible to the intelligent layman a clear understanding of how the economy works. For everyone who found college economics impenetrable—and that is just about everyone—this is the book.
The thesis of Objective Economics changes everything about economics, including economics' method, the conception of the economy, the meaning of competition, the idea of price, the nature of business costs, the concept of supply, the concept of demand, the law of supply and demand, the theory of price, and the theory of total national output. Overall, as the result of all the preceding, Objective Economics demonstrates that capitalism is the practical economic system.
The thesis of Objective Economics changes everything about economics, including economics' method, the conception of the economy, the meaning of competition, the idea of price, the nature of business costs, the concept of supply, the concept of demand, the law of supply and demand, the theory of price, and the theory of total national output. Overall, as the result of all the preceding, Objective Economics demonstrates that capitalism is the practical economic system.
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Yes, you can access Objective Economics by M. Northrup Buechner in PDF and/or ePUB format, as well as other popular books in Economics & Economic History. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- PREFACE
- INTRODUCTION
- CHAPTER ONE METHOD AND CONTEXT
- CHAPTER TWO OBJECTIVE ECONOMIC VALUE
- CHAPTER THREE FUNDAMENTAL ECONOMIC CONCEPTS
- CHAPTER FOUR FOUNDATIONAL THEORIES
- CHAPTER FIVE INTRODUCTION TO THE THEORY OF OBJECTIVE PRICES
- CHAPTER SIX SOMEONE SETS THE PRICE
- CHAPTER SEVEN THE OTHER METHODS OF PRICE CREATION
- CHAPTER EIGHT THE THEORY OF OBJECTIVE PRICES
- CHAPTER NINE THE FACTORS OF PRODUCTION
- CHAPTER TEN CHANGES IN OBJECTIVE PRICES I THE EFFECT OF CHANGES IN FACTS ON SET PRICES
- CHAPTER ELEVEN CHANGES IN OBJECTIVE PRICES II THE EFFECT OF CHANGES IN FACTS ON OTHER PRICES
- CHAPTER TWELVE SCARCITY AND PROFIT
- CHAPTER THIRTEEN TOTAL SPENDING AND PRODUCTION
- APPENDIX A THE THEORY OF PRICE IN MODERN ECONOMICS: A CRITIQUE
- APPENDIX B THE METHOD OF MODERN ECONOMICS: A CRITIQUE
- APPENDIX C MARGINALISM IN MODERN ECONOMICS: A CRITIQUE
- APPENDIX D THE MEANING OF SCARCITY IN MODERN ECONOMICS: A CRITIQUE
- APPENDIX E THE EFFECT OF CHANGES IN COST ON SET PRICES: EXPANSION OF THE ARGUMENT IN CHAPTER TEN
- END NOTES
- EXEGESIS AND GLOSSARY
- REFERENCE LIST