Universal Economics Alchian Armen APaperback / softback
"No one has ever done price theory better than Alchian--that is, no one has ever excelled Alchian's ability to explain the reason, role, and nuances of prices, of competition, and of property rights.…
Specifikacia Universal Economics Alchian Armen APaperback / softback
"No one has ever done price theory better than Alchian--that is, no one has ever excelled Alchian's ability to explain the reason, role, and nuances of prices, of competition, and of property rights. And only a precious few--I can count them on my fingers--have a claim for being considered to have done price theory as well as he did it." --Donald Boudreaux, George Mason UniversityUniversal Economics is a new work that builds on the foundation of its two predecessors, University Economics (1964, 1967, 1972) and Exchange and Production (1969, 1977, 1983). Collaborating again, Professors Alchian and Allen have written a fresh, final presentation of the analytical tools employed in the economic way of thinking.Universal Economics shows the critical importance of property rights to the existence and success of market economies. The authors explain