Download or read book John Maurice Clark written by L. Shute and published by Springer. This book was released on 2016-07-27 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first comprehensive study of the life and works of John Maurice Clark (1884-1963), who continued the work of his father, John Bates Clark (1847-1938) by developing a new dynamic economic theory, often referred to as 'Social Economics'. Although J.M. Clark's contributions anticipated much of Keynes', he went much further: exploring ethics, overhead costs, business cycles, methodology, and social control. Clark argued that costs were not precise terms and new forms of social control were needed in addition to the market.