a paper by Christopher L. Cagan
Book Description: Self Published, Los Angeles, 1987. No Binding. 4to - over 9¾ - 12" tall. Yellow paper cover with black title, loose pages, 8.5¿ x 11¿ white paper, self-published 1987, 164 pages.
Book Condition: Very good, covers rubbed and soil, internally pages are clean and free of marks. t
Contents: Introduction: SECTION 1. The Three General Principles, a. The energy principles, i. Energy and the elementary transaction, ii. Production, consumption, savings, and potential energy, iii. interconvertibility, iv. Paralaws and particulars, v. Scope, simplicity, and symmetry, b. The entropy principle, i. The initial example, ii. Two economic goods, iii. Potential energy, iv. Allocation of scarce resources, v. Allocation of scarce resources and multiple goods, vi. Multiple sliding marginal utility scales, vii. Analysis of production quantities and costs, viii. The law of supply and demand, c. The endunamy principle, d. Conclusion, SECTION 2. Topical discussion (subsections in Roman numerals) i. Long-term income, technology, and motivation, ii. Price and inflation, iii. The cost of price controls, iv. Real estate prices, v. Interest rates, vi. The stock market, vii. LeChatelier's principle in business, viii. The business cycle, ix. The Quantity Equation of Exchange; prices, quantity, and money, x. Consumption, investment, saving, and national income, xi. The economics of charity, xii. Growth economics; a simple case, xiii. Growth economics; the many-alternative case, xiv. Growth economics; the composite case, xv. Mathematical derivations, xvi. Computer analysis of stock market trends, xvii. Analysis of trends in the gross national product, xviii. Levels of econometric forecasting, Conclusion. 164 pages, Interesting paper on economic theory by California Economist Christopher L. Cagan. (at the time of this post Cagan was running investmentmeasures dot com and was on staff at Louisiana Baptist University).
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Christopher L. Cagan
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