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In this fresh study of the career and theoretical work of John Bates Clark, the first American economist to achieve international standing, Henry demonstrates that the usual interpretations of Clark are flawed, and that Clark set out to develop a theory of distribution that would support then current political authority and property relationships. Contrary to the normal view, it is shown that there is less of a difference between Clark's early 'Christian Socialist' writings and the writings of his mature period, and that perceptions and concerns formulated in his early career carry over into his more theoretically advanced stage. Also, Clark's religious perceptions are shown to have influenced not only his early thoughts, but those contained in the writings of the later period that brought him to the attention of economists in England and the Continent. Throughout this book, Henry demonstrates the relationship between Clark's theoretical work and the larger social forces then at work which both promoted and constrained his thinking and his economics.
Discover the foundational principles of economics with Essentials of Economic Theory by John Bates Clark. This influential work distills complex economic concepts into clear, accessible insights, making it an essential read for students, scholars, and anyone interested in the mechanics of the economy. As you delve into Clark's theories, consider this provocative question: How do the economic principles established over a century ago continue to shape our understanding of modern markets? Clark's exploration provides a lens through which to examine contemporary economic challenges.In Essentials of Economic Theory, Clark presents a comprehensive overview of economic thought, addressing topics s...
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NEW PRINT WITH PROFESSIONAL TYPE-SET IN CONTRAST TO SCANNED PRINTS OFFERED BY OTHERS Essentials Of Economic Theory: As Applied To Modern Problems Of Industry And Public Policy This book is a result of an effort made by us towards making a contribution to the preservation and repair of original classic literature. In an attempt to preserve, improve and recreate the original content, we have worked towards: 1. Type-setting & Reformatting: The complete work has been re-designed via professional layout, formatting and type-setting tools to re-create the same edition with rich typography, graphics, high quality images, and table elements, giving our readers the feel of holding a fresh and newly r...