The problem of economic order /

Ayres, Clarence Edwin, 1891-1972.

The problem of economic order / by C.E. Ayres ... - New York, Farrar & Rinehart, inc. [c1938] - vi, 92 p. 23 cm.

After roman numeral pagination, first numerated page is 3.

1. The machine process and economic order - 2. Program of study -- I. The rise of modern industry - 3. The industrial revolution - 4. The machine age - 5. Early industrial development - 6. The dram of invention and discovery - 7. The world origin of the great inventions - 8. The fertile soil of European culture - 9. The meaning of industrial revolution -- II. The economy of free private enterprise - 10. The meaning of free private enterprise - 11. Property and contract - 12. Money and the mercantile fallacy - 13. The price system - 14. Capital and the mercantile fallacy -- III. The classical theory of prices - 15. The "natural laws" of economics - 16. "value" and the "law of supply and demand" - 17. "Marginal utility" and the greatest good - 18. "Price equals cost of production" - 19. The "factors of production" - 20. "Productivity": The apotheosis of capital -- IV. The twilight of competition - 21. The importance of competition - 22. The combination of movement - 23. The failure of trust-busting - 24. Giant power and price control - 25. The eclipse of free trade - 26. Farewell to normalcy -- V. The condition of economic progress - 27. Poverty and progress - 28. The paradox of plenty - 29. "The absence of essential institutions" - 30. Toward economic order - 31. World order.

"... The present essay is an attempt to introduce the reader to that world. It opens with a distinction between technology and institutions, not because Veblen made and emphasized such a distinction, but because the growth of modern industry must be understood as a technological process if we are to emancipate ourselves of the dogmas of commercialism."

38006814


Economics.

HB 172 / .A9 1938

330.1

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