Cost and Choice
Subtitle: An Inquiry in Economic Theory (Collected Works of James M Buchanan)
Edition: New Ed edition
Publisher: Liberty Fund
Published: March 2000
Language: eng
Format: Hardcover
Number of pages: 96
ISBN-13: 9780865972230
Subjects: Economic theory & philosophy; Public Finance; Welfare Economics; Economics - Microeconomics; Economic Theory; Business & Economics; Business / Economics / Finance; Business/Economics; Opportunity costs; Economics - Theory; Cost; Economics; History
First sentence: "If among a nation of hunters . . . it usually costs twice the labour to kill a beaver which it costs to kill a deer, one beaver should naturally exchange for or be worth two deer."