The Limitations of Marginal Utility (Essential Economics Series: Celebrated Economists) - Softcover

Veblen, Thorstein

Softcover

ISBN 10: 1473324165 ISBN 13: 9781473324169

Publisher: White Press, 2015

Synopsis

Originally published in 1909, this is a work by Thorstein Veblen, an American economist and sociologist. It is an article written for the Journal of Political Economy publication outlining some of his theories on economics. We are republishing this work with a brand new introductory biography of the author with the aim of placing it in the context of his other writings and achievements. The following passage is an extract from the article: 'The limitations of the marginal-utility economics are sharp and characteristic. It is from first to last a doctrine of value, and in point of form and method it is a theory of valuation. The whole system, therefore, lies within the theoretical field of distribution, and it has but a secondary bearing on any other economic phenomena than those of distribution -- the term being taken in its accepted sense of pecuniary distribution, or distribution in point of ownership.'

Edition details

• Publisher: White Press
• Publication date: 2015
• Language: English
• ISBN 10: 1473324165
• ISBN 13: 9781473324169
• Binding: Paperback
• Number of pages: 34