Webster's Guide to Capitalism: Austrian School

By: Gooding, Emily

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Capitalism is an economic system in which the means of production are privately owned and operated for a private profit; decisions regarding supply, demand, price, distribution, and investments are made by private actors in the market rather than by central planning by the government; profit is distributed to owners who invest in business, and wages are paid to workers employed by businesses. This book serves as an introductory guide to the Austrian School component of capitalism. Included is a look at influences, important works, and theories of the Austrian School, as well as much more.

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• Format: Paperback
• Language: English
• ISBN: 1241731128
• ISBN13: 9781241731120
• Release Date: January 1
• Publisher: Webster's Digital Services
• Length: 224 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.5" x 7.4" x 9.7"