Chapter XXVII: Other Developments In Theory
CHAPTER XXVII
OTHER DEVELOPMENTS IN THEORY
In addition to the developments reviewed in the preceding chapters, there have been a number of attempts to amend and improve individual theories, especially those pertaining to value and distribution. Among these should be noted the so-called social value theories, the central idea of which is that value is a social rather than an individual product.
Chapter XXVIII: Revolts Against ‘’Orthodox’’ Economics During The Last Half-Century
CHAPTER XXVIII
REVOLTS AGAINST “ORTHODOX ECONOMICS” DURING THE LAST HALF-CENTURY
The theoretical development since 1870, sketched in the preceding chapters, was accompanied by a revival of the revolt against economic theory represented in the preceding generation chiefly by the Old Historical School.
References
The following books are recommended as supplementary aids to students who use this book as a guide in the study of the development of economics.
Ashley, W. J. An Introduction to English Economic History and Theory, Part I, The Middle Ages; Part II, The End of the Middle Ages, several editions (New York: G. P. Putnam’s Sons; London: Longmans & Co.).
Bagehot, Walter, Economic Studies, 2d ed. (London: Longmans, Green & Co., 1888).
Index
Abeille, 48
Act of apprentices, 11-12
Administration, public, Emil Sax on, 397-399
African Company, see Guinea Company
Agriculture, doctrine of diminishing returns in, 98-99, 162
Anarchism, Proudhon’s, 274-275
Anderson, B. M.: criticism of concept of value as a ratio, 476-479; - of marginal utility theory, 422-424;- of quantity theory, 498-499; demonstration that value is a social product, 480-482; quantitative concept of value, 476, 478-480; social-value theory, 476-482; Value of Money, by, 497, n. 43
On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises
Title Page
ON FREEDOM AND
FREE ENTERPRISE
ESSAYS IN HONOR OF LUDWIG VON MISES
PRESENTED ON THE OCCASION OF
THE FIFTIETH ANNIVERSARY OF HIS DOCTORATE
FEBRUARY 20, 1956
Editor
MARY SENNHOLZ
CONTRIBUTORS
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Acknowledgements
I would like to acknowledge with gratitude the generous devotion of time and effort that each of the contributors has given to this volume. Their response and cooperation have made this work possible. I am grateful to my husband for his invaluable assistance in the preparation of the manuscript. Thanks is also due to Miss Vernelia Crawford for her contribution of the index.
Dedication—Ludwig von Mises
Professor von Mises’ Most Important Writings
Theorie des Geldes und der Umlaufsmittel, Duncker & Humboldt, München, 1912; 1924. English edition: The Theory of Money and Credit—translated by H. E. Batson, London, 1934; new English edition with essay on “Monetary Reconstruction,” Yale University Press, New Haven, 1953. Spanish edition: Teoria del Dinero y del Crédito—translated by Antonio Riaño, M. Aguilar, Madrid, 1936. Japanese edition by Yonco Azuma, 1949.
Nation, Staat und Wirtschaft, Manzsche Buchhandlung, Wien, 1919.
