Prices and Production and Other Works Book Reviews
Prices and Production and Other Works by F.A. Hayek Book Summary
Economics never labels anything any more. Well, more accurately, it does; only now it hardly ever uses labels formed from people?s names. In part, this is due to the smorgasbord approach to ideas taken by economics. Like many other academic disciplines, economics ruthlessly mixes and matches, customizes and adapts, rips and mashes the most penetrating insights, the most appropriate models from all different sources, applying them to whichever economic problem is currently being addressed. In those circumstances the message gets through to the practitioner economist that it is more useful to know an idea itself, and how to apply and modify it, than to peer into its provenance or to understand how the originator of that idea thought about three or five other substantively different problems.
Book Name | Prices and Production and Other Works |
Genre | Business & Personal Finance |
Author | F.A. Hayek |
Published | 01 December 2014, Monday |
Language | English |
E-Book Size | 4.17 MB |
Prices and Production and Other Works (F.A. Hayek) Book Reviews 2024
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Summary of Prices and Production and Other Works by F.A. Hayek
The Prices and Production and Other Works book written by F.A. Hayek was published on 01 December 2014, Monday in the Business & Personal Finance category. A total of 108 readers of the book gave the book 0 points out of 5.
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