Mises Daily
Author:
Joseph R. Stromberg
Online Publish Date:
a very popular textbook of today, Bowman and Bach, Economic Analysis and Public Policy, 2nd ed., 1949. . . . It amounts in total to 931 pages. In this huge book we of cost curves is (a) based on anti-realistic assumptions, such as that of pure competition, and (b)—and here I derived much benefit from a recent remark of