Crane, founder and former president, the Cato Institute

    Recipient of the 1992 Nobel Prize in Economic Science, Gary S. Becker is a pioneer of applying economic analysis to human behavior in such areas as discrimination, marriage, family relations, and education. Becker's research on human capital was considered by the Nobel committee to be his most noteworthy contribution to economics.This expanded edition includes four new chapters, covering recent ideas about human capital, fertility and economic growth, the division of labor, economic considerations within the family, and inequality in earnings."Critics have charged that Mr. Becker's style of thinking reduces humans to economic entities. Nothing could be further from the truth. Mr. Becker gives people credit for having the power to reason and seek out their own best destiny."—Wall Street Journal

    In writing this book, Hazlitt is reviving an 18th and 19th century tradition in which economists wrote not only about strictly economic issues but also on the relationship between economics and the good of society in general. Adam Smith wrote a moral treatise because he knew that many objections to markets are rooted in these concerns. Hazlitt takes up the cause too, and with spectacular results. Hazlitt favors an ethic that seeks the long run general happiness and flourishing of all. Action, institutions, rules, principles, customs, ideals, and all the rest stand or fall according to the test of whether they permit people to live together peaceably to their mutual advantage. Critical here is an understanding of the core classical liberal claim that the interests of the individual and that of society in general are not antagonistic but wholly compatible and co-determinous. In pushing for "rules-utilitarianism," Hazlitt is aware that he is adopting an ethic that is largely rejected in our time, even by the bulk of the liberal tradition. But he makes the strongest case possible, and you will certainly be challenged at every turn.

    They show that 'capitalism' and 'democracy' - although widely held jointly to characterize Western society - are sharply contrasting systems regulating both the process of human development and the historical evolution of whole societies. They examine in detail the relationship between political theory and economics, and explore the multifaceted character of power in modern societies.

    It goes without saying that all these restrictions on the market determination of the form of employment and re- lThe Coloured labour unions have tended to ...

    This book is a report about experiences with this group.

    It is high time that this collection of gems is reprinted." Professor Andrew Lo, Professor of Finance, Massachusetts Institute of Technology

    

    Mr. McClellan's study, based upon original Russian and Serbian sources, is both an intellectual biography and an historical and theoretical analysis of the development of Serbian socialism; as such it supplants the two standard but biased accounts written some years ago in Serbian by Skerlic and Jovanovic. Using the career of Markovic as a vehicle, the author examines the intellectual pressures and conflicts which tormented the Balkan educated classes in the 19th century. He shows how, in this atmosphere of change, Markovic became the herald of a new age, as he sought to revitalize the ancient communal institutions of the Balkan states and combine in his philosophy the influence of Marxism, Russian revolutionary democracy, and Serbian communal tradition.Originally published in 1964.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

    Publication date: 1999 Notes: This is an OCR reprint. There may be numerous typos or missing text. There are no illustrations or indexes. When you buy the General Books edition of this book you get free trial access to Million-Books.com where you can select from more than a million books for free. You can also preview the book there.