Support Mises

Essentials of Economics

Essentials Of Economic Theory

ESSENTIALS OF ECONOMIC THEORY

AS APPLIED TO MODERN PROBLEMS OF INDUSTRY AND PUBLIC POLICY

BY

JOHN BATES CLARK

PROFESSOR OF POLITICAL ECONOMY IN COLUMBIA UNIVERSITY

AUTHOR OF “THE DISTRIBUTION OF WEALTH,”

“THE PHILOSOPHY OF WEALTH,” “THE PROBLEM OF MONOPOLY,” ETC.

New York

THE MACMILLAN COMPANY

1915

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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