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The Theory of Price

4.57  ·  Rating Details ·  23 Ratings  ·  2 Reviews
Hardcover, 371 pages
Published November 1st 1987 by MacMillan Publishing Company
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gc
Aug 12, 2013 gc rated it it was amazing
This is a deceivingly slim book packed with economics, wit, and simple applications. Stigler has a conversational style of writing, and he introduces concepts as if he were explaining them to a precocious student on the brink of asking the "but what if?" questions. After reading graduate texts that simply assume things like diminishing marginal returns without explanation, it was refreshing to have someone engage in a dialogue that included explaining what, exactly, this meant in terms of number ...more
bobby mccormick
Jun 07, 2011 bobby mccormick rated it it was amazing
if you want to study price theory, read this. Stigler is father to almost all of us, and here, he tells us why.
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George Joseph Stigler was a U.S. economist. He won the Nobel Memorial Prize in Economic Sciences in 1982, and was a key leader of the Chicago School of Economics, along with his close friend Milton Friedman.
More about George J. Stigler...

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