000 01257nam a2200193Ia 4500
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082 _a330.1 Ayr 2nd ed.
100 _aAyres, C. E.
245 0 _aTheory of economic progress: a study of the fundamentals of economic development and cultural change
250 _a2nd ed.
260 _aNew York
260 _bSchocken Books
260 _c1962
300 _a317 p.
520 _aThe 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!
650 _aEconomics
942 _cB
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