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Quarterly Journal of Economics Vol. 28 No. 3 1914

Davenport's Economics and the Present Problems of Theory

Alvin S. Johnson

Cornell University

Abstract

I. Davenport's Economics is in the direct line of succession of the classical treatises on economics, 417. — II. The book essentially classical in scope and method, 419. — III. The chief departure from classical method in the greater significance ascribed to the entrepreneur, 422. — IV. Competing concepts of marginality: contradictions in Davenport's usage, 424. — V. Inadequacy of the concept of value as a mathematical ratio for the analysis of the problems of price and value of money, 430. — VI. Production identified with acquisition, 437. — Bearing of this amalgamation of concepts upon the problems of functional and personal distribution, 438. — VII. Social implications of Davenport's system of economic theory, 443.

DOI
10.2307/1884982
Volume
28
Issue
3
Pages
417
Sources
openalex crossref

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