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The Economic Organization

By Karl G. Heider
eBook
$70.99
By Karl G. Heider
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When originally released, Frank Hyneman Knight's The Economic Organization revitalized the teaching of economic theory in America during the 1930s, laying the foundation for the price theory revolution led by economists emerging from Knight's circle at The University of Chicago. Knight shows that when societies choose to allow market organization, their economy simultaneously solves the fundamental functions of valuation and efficiency. It also organizes the production and distribution of r...

Categories

BusinessEconomicsEconomic Theory & Schools of ThoughtEconomic Theory - General & Miscellaneous