Theory of economic progress: a study of the fundamentals of economic development and cultural change

By:

Ayres, C. E

Material type: Text

TextPublication details: New York; Schocken Books; 1962Edition: 2nd edDescription: 317 pSubject(s):

Economics

DDC classification:

330.1 Ayr 2nd ed.

Summary: The purpose of this book is to set forth a new way of T thinking about economic problems. The time will come when we shall see that the root of all our economic confusion and the cause of the intellectual impotency which has brought economics into general disrepute is the obsession of our science with price theory-the virtual identification of economics with price analysis to the almost total exclusion of what Veblen called the "life process" of mankind. To orthodox economists such a statement of the issue must always seem unwarranted. As they still insist, what focused the attention of the founding fathers upon price was their "realization" that price equilibrium is the key to all the mys teries of economic life. Ah, sweet mystery of price!

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Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	330.1 Ayr 2nd ed. (Browse shelf(Opens below))	Available		5786

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Previous	330.1 AFA Bourgeois economic thought 1930s - 70s	330.1 AMI Accumulation on a world scale: a critique of the theory of underdevelopment	330.1 APP Applied economics and public policy	330.1 Ayr 2nd ed. Theory of economic progress: a study of the fundamentals of economic development and cultural change	330.1 BAS Economic sophisms	330.1 BAS Less developed economy: a critique of contemporary theory	330.1 Bau c.2 Economic analysis and policy in underdeveloped countries	Next

The purpose of this book is to set forth a new way of T thinking about economic problems. The time will come when we shall see that the root of all our economic confusion and the cause of the intellectual impotency which has brought economics into general disrepute is the obsession of our science with price theory-the virtual identification of economics with price analysis to the almost total exclusion of what Veblen called the "life process" of mankind.
To orthodox economists such a statement of the issue must always seem unwarranted. As they still insist, what focused the attention of the founding fathers upon price was their "realization" that price equilibrium is the key to all the mys teries of economic life. Ah, sweet mystery of price!

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