Mathematical Investigations In The Theory Of Value And Prices (1892)

Mathematical Investigations in the Theory of Value and Prices is a book written by Irving Fisher and first published in 1892. The book is a comprehensive study of economic theory, with a focus on the mathematical principles that underlie it. Fisher's central thesis is that economic value can be quantified and measured using mathematical models, and that these models can be used to predict the behavior of markets and prices.The book is divided into three parts. Part I focuses on the theory of value and exchange, exploring the relationship between supply and demand, and the factors that influence market prices. Part II explores the theory of production and distribution, including the role of capital, labor, and technology in determining prices. Part III offers a detailed analysis of money and credit, including the role of banks and the impact of monetary policy on economic activity.Throughout the book, Fisher makes use of mathematical equations and models to illustrate his arguments. He also draws on examples from real-world markets and economic events to demonstrate the relevance of his theories. Despite its age, Mathematical Investigations in the Theory of Value and Prices remains a seminal work in the field of economics, and is still widely studied and cited today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.