Action and Choice: An Introduction to Economics

by Ivan Jankovi and Walter E. Block

Book Overview

This textbook is based upon a philosophical method of logical deduction from basic principles such as scarcity, individual choice and subjectivism. This textbook attempts to show that all complex phenomena of economic theory such as prices of consumer goods and factors of production, saving and consumption, interest and profit, can be explained by the same primitive psychological principles of scarcity and substitution on the margin that could be...

• Format: Paperback
• Language: English
• ISBN: 9811937532
• ISBN13: 9789811937538
• Release Date: November 2023
• Publisher: Springer
• Length: 252 Pages