Description
Patterns of Economic Activity by Arthur Radford
Here is a new approach to economics, analysis of economic problems and phenomena, as a process of pattern making, a study of man as he administers, or makes patterns of, his material resources. The evolution of economics during the last 20 years, the development of economics as a positive science, the tendency to consider economic phenomena in terms of institutions and structure the emphasis on economic dynamics, the increasing importance attached to the principles of substitution, and the recently enhanced interests in the appropriate field of governmental action, provides the occasion for this appraisal and restatement of economic principles.






