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First published 1907

Essentials of Economic Theory

by John Bates Clark

NY: Macmillan Company, 1907585 pagesISBN 9781610160148Updated May 26, 2009

Essentials of Economic Theory by John Bates Clark is available as a free PDF, EPUB, and MOBI download at freecapitalists.org.

Author
John Bates Clark
First published
1907
Format
PDF, EPUB, and MOBI
Pages
585
ISBN
9781610160148
Publisher
NY: Macmillan Company
License
Believed to be in the public domain by publication date; not independently confirmed.

Austrian theory & method

John Bates Clark was an American adherent of the marginalist school who engaged the Austrians and learned from them. He delivered many blows against the historical school in favor of the idea of pure theory. He was also a prominent advocate of free markets in a time when the economics profession was embracing Progressivist ideology. Clark contributed to laying the foundation of what would later become a distinctly American Austrian School. Mises himself regarded him as an outstanding economist, perhaps his favorite American economist.

Questions

About this book and this copy

Is Essentials of Economic Theory free to download?
Yes. The complete 585-page PDF, EPUB, and MOBI downloads directly from this page (18.2 MB). There is no signup, no account and no paywall.
How long is Essentials of Economic Theory?
585 pages, 33 chapters, and about 166,796 words in the edition this archive serves.
Who wrote Essentials of Economic Theory?
John Bates Clark, American economist, was the first to develop marginal productivity theory, using it to explore the distribution of income between returns to labor and capital in a market economy. His work influenced other economists, including Frank Knight.

What's in it

33 chapters · 166,796 words · free to read here

  1. Front Matter
  2. Preface
  3. CHAPTER I WEALTH AND ITS ORIGIN
  4. CHAPTER II VARIETIES OF ECONOMIC GOODS
  5. CHAPTER III THE MEASURE OF CONSUMERS’ WEALTH
  6. CHAPTER IV THE SOCIALIZATION OF INDUSTRY
  7. CHAPTER V PRODUCTION A SYNTHESIS; DISTRIBUTION AN ANALYSIS
  8. CHAPTER VI VALUE AND ITS RELATION TO DIFFERENT INCOMES
  9. CHAPTER VII NORMAL VALUE
  10. CHAPTER VIII WAGES
  11. CHAPTER IX THE LAW OF INTEREST
  12. CHAPTER X RENT
  13. CHAPTER XI LAND AND ARTIFICIAL INSTRUMENTS
  14. CHAPTER XII ECONOMIC DYNAMICS
  15. CHAPTER XIII THE LIMITS OF AN ECONOMIC SOCIETY
  16. CHAPTER XIV EFFECTS OF DYNAMIC INFLUENCES WITHIN THE LIMITED ECONOMIC SOCIETY
  17. CHAPTER XV PERPETUAL CHANGE OF THE SOCIAL STRUCTURE
  18. CHAPTER XVI EFFECT OF IMPROVEMENTS IN METHODS OF PRODUCTION
  19. CHAPTER XVII FURTHER INFLUENCES WHICH REDUCE THE HARDSHIPS ENTAILED BY DYNAMIC CHANGES
  20. CHAPTER XVIII CAPITAL AS AFFECTED BY CHANGES OF METHOD
  21. CHAPTER XIX THE LAW OF POPULATION
  22. CHAPTER XX THE LAW OF ACCUMULATION OF CAPITAL
  23. CHAPTER XXI CONDITIONS INSURING PROGRESS IN METHOD AND ORGANIZATION
  24. CHAPTER XXII INFLUENCES WHICH PERVERT THE FORCES OF PROGRESS
  25. CHAPTER XXIII GENERAL ECONOMIC LAWS AFFECTING TRANSPORTATION
  26. CHAPTER XXIV THE FOREGOING PRINCIPLES APPLIED TO THE RAILROAD PROBLEM
  27. CHAPTER XXV ORGANIZATION OF LABOR
  28. CHAPTER XXVI THE BASIS OF WAGES AS FIXED BY ARBITRATION
  29. CHAPTER XXVII BOYCOTTS AND THE LIMITING OF PRODUCTS
  30. CHAPTER XXVIII PROTECTION AND MONOPOLY
  31. CHAPTER XXIX LEADING FACTS CONCERNING MONEY
  32. CHAPTER XXX SUMMARY OF CONCLUSIONS
  33. Index
Portrait of John Bates Clark

About the author

John Bates Clark 1847–1938

John Bates Clark, American economist, was the first to develop marginal productivity theory, using it to explore the distribution of income between returns to labor and capital in a market economy. Read more about John Bates Clark.

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