... : 493 -517. ____. 1971 . Economic Theory . New York: Alfred A. Knopf. Böhm-Bawerk, E. von. 1891 . The Positive Theory of Capital . Translated by William A. Smart. London: Macmillan. Buchanan, J. M. 1969 . Cost and Choice: An Inquiry into Economic Theory . Chicago: Markham. Coats, A. W...

... the shadows. The antidote to his claims is too strong. But in an age that often indiscriminately mimics science there is abundant room for this kind of antidote. Queens College of The City University of New York EUGENEROTWEIN L.S.E. Essays on Cost. Edited...

...Leland B. Yeager Gustav Cassel explained the interest rate as the price of a factor of production. Irving Fisher rejected Cassel’s contribution and, astonishingly, denied that interest measures any opportunity cost. Correspondence may be addressed to Leland B. Yeager by email: lbyeager...

...Ephraim Kleiman History of Political Economy I9:2 0 1987 by Duke University Press CCC 00 18-2702/87/$1.50 Opportunity cost, human capital, and some related economic concepts...

... by Duke University Press CCC 0018-2702/88/$1.50 C. Courtois: an early contributor to cost-benefit analysis Reghinos D . Theocharis I. Introduction The aim of the present article is to introduce a hitherto unknown French...

...H. Spencer Banzhaf Book Reviews The Cost of Living in America: A Political History of Economic Statistics, 1880–2000. By Thomas A. Stapleford. Cambridge: Cambridge University Press, 2009. xiii; 440 pp. $31.00. This splendid book on the history of price indices by Thomas Stapleford...

.... Reggio Emilia: Stabilimento Tipolitografico degli Artigianelli. Schumpeter , Joseph A. 1954 . History of Economic Analysis. New York: Oxford University Press. Ferrara’s Theory of Value and the Cost of Reproduction Principle Antonio Guccione When...

.... “Jules Dupuit and the Early Theory of Marginal Cost Pricing”. Journal of Political Economy 76 (May-June 1968 ). Nelson , James R. Marginal Cost Pricing in Practice . Englewood Cliffs, N.J., 1964 . A note on Dupuit’s bridges and the theory of marginal cost pricing Alan...

...Gregory Besharov The Outbreak of the Cost Disease: Baumol and Bowen’s Founding of Cultural Economics Gregory Besharov There is, however, a branch of human activity where the results are not susceptible of accurate measurement. We may call it “the arts,” though...

... : 513 -29. Keppler, Jan Horst. 1994 . Monopolistic Competition Theory: Origins, Results, and Implications . Baltimore: The Johns Hopkins University Press. ____. 1998 . Externalities, Fixed Costs, and Information. Kyklos 52.4 : 547 -63. Lallement, Jérôme. 2004 . Sraffa et la théorie...

... . New York: Routledge. Buchanan, James. 1969a . Cost and Choice: An Inquiry in Economic Theory . Chicago: Markham Publishing Company. ____. 1969b . Is Economics the Science of Choice? In Roads to Freedom: Essays in Honour of Friedrich A. von Hayek , edited by Erich Streissler, 47 -64. New...

...Daniel M. Hausman; Philippe Mongin Part 4 Dynamics of the Development of Ideas Economists’ Responses to Anomalies: Full-Cost Pricing versus Preference Reversals Daniel M. Hausman and Philippe Mongin One feature of scientific disciplines historians and philosophers of sci­ ence...

...Jürg Niehans Adam Smith and the Welfare Cost of Optimism Jurg Niehans Small theoretical nuggets may occasionally still be found in the aban- doned mine shafts of ancient literature. Adam Smith, in his well-known defense of interest ceilings, seems to have stumbled upon a source...

... 1998 by Copyright © 1998 Duke University Press 1998 References Allen , Douglas W. 1991 . What Are Transaction Costs? Research in Law and Economics 14 : 1 -18. Aslanbeigui , N. 1989 . Marshall's and Pigou's Policy Prescriptions on Unemployment, Socialism, and Inequality...

... . Studies in the Economics of Overhead Costs . Chicago: University of Chicago Press. Coase, Ronald H. 1937 . The Nature of the Firm. Economica 4 : 386 -405. Collard, D. A. 1990 . Cambridge after Marshall. In Centenary Essays on Alfred Marshall , edited by J. K. Whitaker. Cambridge: Cambridge...

... significant consequences, because worries over the high cost of living more powerfully shaped Progressive era public policy than has been appreciated. Tariff reduction, parcel post, antitrust prosecution, cold storage legislation, farm credit, standardization of weights and measures, and other reforms were...

...Elodie Bertrand One of Ronald Coase's insights was to extend the economic theory of choice to include the policy choice among institutional arrangements, which had to be analyzed with the same framework as the producer's choice. Both choices, he argued, are amenable to an opportunity-cost approach...

...Norikazu Takami This essay examines how cost-push inflation theories, which highlight autonomous increases in wages and other production costs as a cause of inflation, played a decisive role in the policy debate over the interpretation of the price movements of the second half of the 1950s. In late...

... preserve the value of the regulated business. This article builds on Siegel (1984) to argue that, by selecting, as in Smyth v. Ames (1898), reproduction cost as the correct technique to calculate the value of a railway, the US Supreme Court retained its allegiance to the fundamental tenets of classical...

...Cecilia T. Lanata Briones This article examines the first two estimates of the Argentine cost of living index, focusing on their producers, Alejandro Bunge and José Figuerola. The Bunge index, released in 1918, did not hold as a stable social and political artifact because it lacked legitimacy...