Description

This book presents in one volume Professor Wiseman's seminal work on the theory of costs and the economist's treatment of the role of government. The major themes concern the subjectivity of costs and the unknowability of the future. From an initial scepticism about pricing rules, the arguments develop into a comprehensive critique of mainstream economic theory and, more positively, an exposition of the fundamentals of a new political economy grounded in choice-as-opportunity-cost.

Cost, Choice and Political Economy

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Hardback by Jack Wiseman

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This book presents in one volume Professor Wiseman's seminal work on the theory of costs and the economist's treatment of... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 01/01/1989
    ISBN13: 9781852781651, 978-1852781651
    ISBN10: 1852781653

    Number of Pages: 304

    Non Fiction , Business, Finance & Law

    Description

    This book presents in one volume Professor Wiseman's seminal work on the theory of costs and the economist's treatment of the role of government. The major themes concern the subjectivity of costs and the unknowability of the future. From an initial scepticism about pricing rules, the arguments develop into a comprehensive critique of mainstream economic theory and, more positively, an exposition of the fundamentals of a new political economy grounded in choice-as-opportunity-cost.

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