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Value and Capital. Value and Capital is a book by the British economist John Richard Hicks, published in 1939. It is considered a classic exposition of microeconomic theory. Central results include: extension of general equilibrium theory of markets and adaptation of static-equilibrium theory to economic dynamics in distinguishing temporary and ...
Instrumental and intrinsic value. In moral philosophy, instrumental and intrinsic value are the distinction between what is a means to an end and what is as an end in itself. [1] Things are deemed to have instrumental value (or extrinsic value[2]) if they help one achieve a particular end; intrinsic values, by contrast, are understood to be ...
First developed by Peter Birks of the University of Oxford Faculty of Law, and now in its 4th edition (2012, Hart Publishing, ISBN 978-1-84946-367-6), [1] it has been adopted by most law schools and many legal publishers in the United Kingdom. An online supplement (developed for the third edition) is available for the citation of international ...
Value theory is the systematic study of values. Also called axiology, it examines the nature, sources, and types of values. As a branch of philosophy, it has interdisciplinary applications in fields such as economics, sociology, anthropology, and psychology. Value is the worth of something, usually understood as a degree that covers both ...
Joseph Raz FBA (/ rɑːz /; Hebrew: יוסף רז; born Joseph Zaltsman; 21 March 1939 – 2 May 2022) was an Israeli legal, moral and political philosopher. He was an advocate of legal positivism and is known for his conception of perfectionist liberalism. Raz spent most of his career as a professor of philosophy of law at Balliol College ...
Which value theory holds true divides economic thinkers, and is the base for many socioeconomic and political beliefs. [9] Silvio Gesell denied value theory in economics. He thought that value theory is useless and prevents economics from becoming science and that a currency administration guided by value theory is doomed to sterility and ...
Value-pluralism is a theory in metaethics, rather than a theory of normative ethics, or a set of values in itself. Oxford philosopher and historian of ideas Isaiah Berlin is credited with being the first to popularize a substantial work describing the theory of objective value-pluralism, bringing it to the attention of academia (cf. the Isaiah ...
The Oxfordian theory of Shakespeare authorship contends that Edward de Vere, 17th Earl of Oxford, wrote the plays and poems of William Shakespeare. While historians and literary scholars overwhelmingly reject alternative authorship candidates, including Oxford, [1][2] public interest in the Oxfordian theory continues. [3]