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MATHEMATICAL PRINCIPLES OF ECONOMICS - by W. Launhardt (Hardcover, illustrated edition)
Loot Price: R3,222
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MATHEMATICAL PRINCIPLES OF ECONOMICS - by W. Launhardt (Hardcover, illustrated edition)
Series: Classics in the History of Economics series
Expected to ship within 12 - 17 working days
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This is the first English translation of Launhardt's Mathematische
Begrundung der Volkswirtschaftslehre (1885), a major contribution
to neoclassical economic theory which contains many important and
original analyses. This edition will provide the basis for a
re-evaluation of Launhardt's outstanding, but undervalued,
contribution to economics. Taking the neoclassical emphasis on
exchange as the central economic problem, Laundardt begins with a
thorough treatment of the pure exchange model, then goes on to
extend the treatment to the production of goods and the supply of
labour, with a sophisticated general equilibrium perspective. It
contains important analyses of savings and the role of capital
goods, as well as an outstanding study of transport and the
location of industry. Launhardt's book can, with justice, with be
described as the first comprehensive treatise on welfare economics.
Mathematical Principles of Economics will prove stimulating reading
for economic theorists as well as those interested in the history
of economics thought.
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