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Essentials of Economic Theory

JOHN BATES CLARK

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PROFESSOR OF POLITICAL ECONOMY IN COLUMBIA UNIVERSITY AUTHOR OF "THE DISTRIBUTION OF WEALTH," "THE PHILOSOPHY OF WEALTH," "THE PROBLEM OF MONOPOLY," ETC.

New York THE MACMILLAN COMPANY 1915

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Copyright, 1907, By THE MACMILLAN COMPANY.

Set up and electrotyped. Published October, 1907. Reprinted July, 1909; July, 1915.

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