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Were established by means of the accounts executed by the planning power withApplication of methods of mathematical economy instead of them defined Competitiveness. Concerning this offer of Pareto (which that is curious,
Sometimes quote as the supporter of a similar view) already has told, apparently,
The last word. Having shown, as it is possible to use system of the equations for
That explanation, than the prices in the market are defined, he adds:
"Here it is possible to notice that such definition at all has not for an object
To come to numerical account of the prices. Let's make most favourable for Similar account an assumption, let's assume that we have won all
On this problem also that we know difficulties of data collection ophelimites
(it.)> all various consumer goods for each individual and all conditions
Productions of all goods, etc. This already in itself is absurd. But it still
There is not enough to make the problem decision possible. We already saw that at
100 persons and 700 goods there will be 70 699 conditions (actually a large quantity
The circumstances which yet have been not taken into consideration, still will increase their number); we should
Let's decide, hence, system from 70 699 equations. Practically it Exceeds possibilities of the algebraic analysis that is especially true, if
To imagine the fabulous number of the equations necessary at the population in forty
Millions and several thousand goods. Then roles would exchange: not The mathematics of political economy, and political economy would help
To the mathematician. In other words, if it was possible to know really all these
The equations the unique method accessible to the person to decide them is it
To observe the practical decision which gives the market "1927), pp. 233 - 34, Manuel d'economie politique (2d ed., V.Pareto. In the given article we will attend mainly to the third stage of discussion,
Which central item has been precisely certain by the professor Lang and the Dr.
As, however, significance of results of last discussions often happens It is presented so that it becomes very similar to a true distortion, and As at least one of two books which will be considered, not
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