The Meaning of the Term and its Scope

  • Fritz Machlup


Now that we know, or believe we know, the history of the term and its new meaning, we must admit that this meaning is by no means clear. Let me quote a footnote from a historian’s work published in 1955.


Public Good Monetary Policy Economic Integration Trade Credit Private Good 
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Copyright information

© Fritz Machlup 1977

Authors and Affiliations

  • Fritz Machlup
    • 1
  1. 1.New York UniversityUSA

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