pricing. Contemporary marginalist economics is usually based on the assumption that prices are set in line with the value … financialized - and which does not require that prices inevitably tend toward some prespecified market equilibrium. …

pricing. Contemporary marginalist economics is usually based on the assumption that prices are set in line with the value … financialized - and which does not require that prices inevitably tend toward some prespecified market equilibrium. …

pricing. Contemporary marginalist economics is usually based on the assumption that prices are set in line with the value … financialized—and which does not require that prices inevitably tend toward some prespecified market equilibrium. …

relatively static agrarian technology, and thus with the inevitable Law of Diminishing returns, had drive up grain prices during … fifteenth centuries led to a fall in grain prices. The drastic alteration in the land:labour ratio also led to a rise in real … wages and a fall in rents; and in general to rising living standards. This in turn led to a rise in relative prices for non …