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Cost and Choice: An Inquiry in Economic Theory
While relatively short, Cost and Choice, according to Hartmut Kliemt in the foreword, "holds quite a central place in Buchanan's work. For the fundamental economic notion of 'cost', or 'opportunity cost', is intimately related to the individualist and subjectivist...
Cost and Choice: An Inquiry in Economic Theory
While relatively short, Cost and Choice, according to Hartmut Kliemt in the foreword, "holds quite a central place in Buchanan's work. For the fundamental economic notion of 'cost', or 'opportunity cost', is intimately related to the individualist and subjectivist...
Cost and Choice: An Inquiry in Economic Theory
"As he usually does, Professor Buchanan has produced an interesting and provocative piece of work. Cost and Choice] starts off as an essay in the history of cost theory; the central ideas of the book are traced to Davenport and Knight in the United States, and to a series...
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