In this classic work, Clark presents his theory of marginal productivity, which explains how the value of goods is determined, and how wages, profits, and interest rates are established in a market economy. Written in clear, accessible language, this book remains a foundational text in economics over 100 years after its initial publication.
One of the most influential economic treatises of the 19th century, Capital and Its Earnings lays out the principles of distribution theory.
A groundbreaking study of the dangers of monopolies and their negative effects on society, with a focus on the natural methods for avoiding or mitigating these effects. An essential read for anyone interested in economics and public policy.
The Terms on Which Civilized Nations Can, If They Will, Avoid Warfare
The Problem of Monopoly is a seminal economic text arguing that monopolies are inherently inefficient and damaging to the economy. Widely considered a foundational text in the development of modern anti-trust law, the book is still highly relevant to contemporary debates around market power and competition.