Má to cenu? Lekce z ekonomie
Is it worth it? Lesson in economy

Author(s): Hana Lipovská
Contributor(s): Nikola Kalinová (Illustrator)
Subject(s): Economy
Published by: Masarykova univerzita nakladatelství
Keywords: economy; economic system; money; price; value; fair price; market;
Summary/Abstract: In the third volume of the Munition series the readers are invited to explore the very roots of the economic system of our society. The author dusts down one of the key topics in the field which has been somewhat neglected in the past century: the relationship between price and value. The book answers questions such as: Why do we express the price in money? Should a hand-sewn shirt cost several times more than a machine-made one? How did Bata price his shoes? Is the price of coffee related to the price of a guitar? Why are diamonds more expensive than water? How high or low must be a price so that to be unfair? Is the market immoral? What kind of information can be fairly converted into money? Why don't excellent teachers earn as much money as top footballers? Are economists cynical? The author, Hana Lipovská, is a prominent representative of the emerging generation of Czech economists. She works at the Department of Economics, Faculty of Economics and Administration, Masaryk University.

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