Publisher's Synopsis
""The Reconstruction of Economic Theory"" is a book written by Simon Nelson Patten in 1912. It is a seminal work in the field of economics that challenges the traditional economic theories of the time and proposes a new framework for understanding economic phenomena. Patten argues that the classical economists of the 19th century, such as Adam Smith and David Ricardo, were too focused on the production and distribution of goods and services, and neglected the role of consumption and the satisfaction of human wants and needs. He proposes a new theory that takes into account the importance of consumption and the role of subjective values in economic decision-making. Patten also explores the relationship between economics and other social sciences, such as sociology and psychology, and argues that a more interdisciplinary approach is necessary for a complete understanding of economic phenomena. The book has had a significant impact on the development of economic thought and is still widely studied and discussed today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
