Market Theory and the Price System

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Author(s): Israel Kirzner
Publisher: Liberty Fund
Year: 2011

Language: English
Pages: 376

Half Title Page, p. i......Page 1
Full Title Page, p. ii......Page 3
Copyright Page, p. iv......Page 4
Dedication, p. v......Page 5
Contents, p. v......Page 7
Introduction to the Liberty Fund Edition, p .xi......Page 11
Preface, p. xvii......Page 17
Part: Market Theory and Price System, p. xix......Page 19
1. The Nature and Tasks of Market Theory, p. 1......Page 21
2. The Market: Its Structure and Operation, p. 14......Page 34
3. Efficiency, Coordination, and the Market Economy, p. 35......Page 55
4. Utility Theory, p. 48......Page 68
5. Consumer Income Allocation, p. 68......Page 88
6. Market Demand, p. 92......Page 112
7. Market Process in a Pure Exchange Economy, p. 113......Page 133
8. Production Theory, p. 153......Page 173
9.Costs and Supply, p. 197......Page 217
10. Partial Market Processes—The Determination of Product Prices and Factor Prices, p. 227......Page 247
11. The General Market Process, p. 255......Page 275
12. Monopoly and Competition in the General Market, p. 286......Page 306
13. The Price System and the Allocation of Resources, p. 321......Page 341
Appendix: The Application of Market Theory to Multi-Period Planning, p. 335......Page 355
Index, p. 347......Page 367
Colophon, p. 356......Page 376