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Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility. It states that the reason why the price of diamonds is higher than that of water, for example, owes to the greater additional satisfaction of the diamonds over the water.
Economics in One Lesson. Special Edition for the Foundation for Economic Education. New York: Pocket Books. 1952. {}: CS1 maint: others ; Economics in One Lesson. New York: Three Rivers Press. 1988. ISBN 978-0517548233. Economics in One Lesson: 50th Anniversary Edition. Fox & Wilkes. 1996. ISBN 0930073193. ISBN 0930073207 (hardback)
He is best known for his 1946 book, Economics in One Lesson, a work grounded in the Austrian school of economics and the importance of individual liberty in economic decision-making. [ 2 ] [ 3 ] Hazlitt was a strong proponent of sound monetary policy and a vocal critic of inflationary practices and government intervention in markets.
It was the bestselling economics textbook for many decades and still remains popular, selling over 300,000 copies of each edition from 1961 through 1976. [1] The book has been translated into forty-one languages and in total has sold over four million copies. Economics was written entirely by Samuelson until the 12th edition (2001). Newer ...
Books about chemistry, the scientific study of the properties and behavior of matter. Subcategories. This category has the following 3 subcategories, out of 3 total. ...
The Undercover Economist (ISBN 0-19-518977-9) (ISBN 0345494016) is a book by Tim Harford published in 2005 by Little, Brown. [1]The book provides an introduction to principles of economics, including demand-supply interactions, market failures, externalities, globalisation, international trade and comparative advantage.
The CRC Handbook of Chemistry and Physics is a comprehensive one-volume reference resource for science research. First published in 1914, it is currently (as of 2024 [update] ) in its 105th edition, published in 2024.
Published on April 12, 2005, by William Morrow, the book has been described as melding pop culture with economics. [1] By late 2009, the book had sold over 4 million copies worldwide. [ 2 ] Based on the success of the original book, Levitt and Dubner have grown the Freakonomics brand into a multi-media franchise, with a sequel book, a feature ...