ABSTRACT
The ground plan of Social Economics is a projection of lines which Wieser sketched in 1884. In writing Uber den Ursprung und die Hauptgesetze des wirtschaftlichen Werthes he analyzed a valuation made apart from others by a single subject. Specific products and specific means of production are more refractory. The proportion of the utility produced imputable to a good serving a single use cannot be worked out directly by means of equations drawn from different branches of industry. The distinction between specific means of production and cost means, Wieser says, together with the corresponding distinction between specific and cost products, gives "the exhaustive objective basis for all the chief problems of the economic calculus". Upon this theory of economic society and his theory of the single economy, Wieser builds his theory of exchange. He starts with barter, then turns to markets, and money prices under competitive, monopolistic, and "monopoloidal" conditions.
