Action and Choice

This textbook is based upon a philosophical method of logical deduction from basic principles such as scarcity, individual choice and subjectivism.  This textbook attempts to show that all complex phenomena of economic theory such as prices of consumer goods and factors of production, saving and consumption, interest and profit, can be explained by the same primitive psychological principles of scarcity and substitution on the margin that could be used to describe economizing Robinson Crusoe on a desert island or two cavemen catching fish or exchanging apples for oranges. This textbook distils the essence of economic science prevailing in price theory before the 1930s, which the authors' argue is superior to currently popular mainstream theory into a readable and student-friendly textbook format.This is an introductory textbook written in the tradition of Menger, Bohm-Bawerk, Mises and Hayek, instead in the tradition of Alfred Marshall and John Maynard Keynes, as almost all modern textbooks are.

Action and Choice features in the following genres: International economics, Economic history, Finance and the finance industry, Civil service and public sector, Economic theory and philosophy, Economics

Paperback, Hardback. £62.99, down from the £69.99 cover price. Not Available.

Action and Choice was written by Walter Block, Ivan Jankovic and published by Springer an imprint of Springer Nature Singapore

Action and Choice has 252 pages

Yes it is part of Springer Texts in Business and Economics series

£62.99, reduced from £69.99. Not Available.