The Science of Prices: Second Impression Revised

"The Science of Prices" by John A. Todd, M.A., serves as a comprehensive introduction to the fundamental principles of economics, specifically focusing on the mechanisms that govern market values and price fluctuations. Written during a transformative period in economic thought, the work explores the intricate relationship between supply and demand, the role of production costs, and the influence of monetary systems on the global marketplace.Todd provides a systematic analysis of economic theory, aiming to make complex concepts accessible to students and general readers alike. By examining the practical applications of economic laws, the author bridges the gap between abstract theory and real-world commerce. The text covers essential topics such as the distribution of wealth, the impact of international trade, and the psychological factors that drive consumer behavior.This revised edition reflects the author's refined perspectives on price stability and industrial organization. As a significant contribution to early 20th-century economic literature, "The Science of Prices" remains a valuable resource for those interested in the historical development of price theory and the foundational logic of classical and neoclassical economics.This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Pages: 280, Paperback, Tradd Street Press