Excerpt from Inroduction to Economic Science
The words "Elementary Principles" in the title of this book indicate the limits of its scope; the book is intended to be elementary, not advanced, and to be concerned with economic principles, not their applications.
First, being elementary, it does not attempt to unravel the most difficult tangles of economic theory or to introduce controversial matter. For such studies it should be succeeded by more extensive treatises (e.g., my own: Nature of Capital arid Income, Mathematical Investigations in the Theory of Value and Prices, Purchasing Power of Money, and Rate of Interest, which follow out the same general system of thought and exposition as adopted in this book).
Secondly, being devoted to principles, the book is confined to that part or aspect of economics which is now coming to be recognized as capable of scientific treatment in the sense, for instance, in which that term may be applied to physics or biology. The fundamental distinction of a scientific principle is that it is always conditional; its form of statement is: If A is true, then B is true. Science is primarily concerned with the formulation of such principles or laws. The aim of this book is to formulate some of the fundamental laws relating to economics.
The method and order of treatment are not altogether traditional. The time-honored order of topics - production, exchange, distribution, consumption - has been found impracticable.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. Это и многое другое вы найдете в книге Inroduction to Economic Science (Classic Reprint) (Irving Fisher)