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📖 Description
The entire body of economic knowledge is set forth in a sequential logically consistent fashion. Unlike many modern texts which employ mathematical symbols profusely, the Lehrbuch uses them not at all. Pesch's claim to being scientific lies in the systematic manner in which he presents the course of the economic process from production, to exchange and the pricing process, to income and the basis for distributing it among the various factors which contribute to the production of goods and services.