Principles of Economics

  title={Principles of Economics},
  author={F. Y. E.},
ECONOMICS admit of being reduced to principles more than other sciences dealing with human actions, for the reason which Prof. Marshall has thus expressed: “Wide as are the interests of which the economist takes account when applying his doctrines to practice, the centre of his work is a body of systematic reasoning as to the quantities of measurable motives.” These measurable motives are not necessarily self-interested: “The range of economic measurement may gradually extend to much… 

Economics and the Practice of Human Action: The Legacy of the Austrian School

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The Methodological Foundations of Law and Economics.

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Marshall: Just how Interested in Doing Good was he?

  • R. S. Bowman
  • Economics
    Journal of the History of Economic Thought
  • 2004
This paper critiques the way Alfred Marshall is presented in many histories of economic thought, in particular, the typical neglect of the relation of his economic theory and method to his public

Theories of Economic Growth - Old and New

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Carl Menger's theory of exchange

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Since the time of Adam Smith, Francois Quesnay and David Ricardo, economists have sought to ground their theoretical analyses of economic organization in an appreciation of the nature of real