Energy and Economic Myths: Institutional and Analytical Economic Essays
Energy and Economic Myths: Institutional and Analytical Economic Essays is a collection of materials that deal with various issues and concerns in economics. The title aims to clarify the misconception in economics. The first part of the text deals with the issues in natural resources and the economics of production. Next, the selection tackles the problems in institutional economics. Part III covers the epistemological and methodological concerns in economics. The title also talks about economic theories. The book will be of great interest to economists and readers who want to enhance their understanding of economic concepts.
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actual agrarian agricultural amount analysis analytical argument Axiom capital cardinally measurable cash-inflation choice co-ordinates commodities complementarity concept constant corresponding cost countries definition demand difference dynamic econometrician economic development economic process economists elements Entropy Law equilibrium example existence fact factors farms flow formula fund Georgescu-Roegen growth hence Hicks homogeneous function idea important increase indifference curves individual industrial inflation input institutions isoquants J. R. HICKs labor labor power Leontief low entropy marginal productivity marginal rate marginal utility Marx Marxist mathematical means ment Narodniki natural Nicholas Georgescu-Roegen nomic ophelimity optimum output overpopulated Pareto partial process peasant population position present principle of decreasing problem production function production process qualitative rate of substitution reason relation represents Revealed Preference Samuelson scale Schumpeter social standard theorem theory thermodynamics tion tradition true unit variables Vilfredo Pareto village community wage