Cost and Choice: An Inquiry in Economic Theory Book by James M. Buchanan

Cost and Choice: An Inquiry in Economic Theory Book by James M. Buchanan

Cost and Choice: An Inquiry in Economic Theory

As he usually does, Professor Buchanan has produced an interesting and provocative piece of work Cost and Choice starts off as an essay in the history of cost theory the central ideas of the book are traced to Davenport and Knight in the United States, and to a series of distinguished writers associated at various times with the London School of Economics The author As he usually does, Professor Buchanan has produced an interesting and provocative piece of work Cost and Choice starts off as an essay in the history of cost theory the central ideas of the book are traced to Davenport and Knight in the United States, and to a series of distinguished writers associated at various times with the London School of Economics The author emerges from this discussion with what can be described as the ultimate in subjectivist cost doctrines Economists should learn the lessons offered to us in this little book and learn them well It can save them from serious errors William J Baumol, Journal of Economic Literature

Title : Cost and Choice: An Inquiry in Economic Theory
Author :  James M. Buchanan
Language : English
Isbn : 0226078183
Format : Paperback
Pages : 120 pages

Rating: 4.1

Reviewer: 9420 Reviews