Consumption Takes Time

By Ian Steedman,

Book cover of Consumption Takes Time: Implications for Economic Theory

Book description

Standard economic theory of consumer behaviour considers consumers' preferences, their incomes and commodity prices to be the determinants of consumption. However, consumption takes time and no consumer has more - or less - than 168 hours per week. This simple fact is almost invisible in standard theory, and takes the…

Shepherd is reader supported. We may earn an affiliate commission when you buy through links on our website. (learn more)

Why read it?

1 author picked Consumption Takes Time as one of their favorite books. Why do they recommend it?

This looks like it’s the sternest and most boring book ever, but I love Steedman’s cool-and-collected ability to address the implications of the obvious: You can only do one thing at a time. You only have two hands. And when you’re with one set of belongings, you’re neglecting all the other stuff you own.

From Monica's list on why humans have so much stuff.

Want books like Consumption Takes Time?

Our community of 6,000+ authors has personally recommended 10 books like Consumption Takes Time.

Browse books like Consumption Takes Time

5 book lists we think you will like!

Interested in mathematical models, consumer behaviour, and economics?

6,000+ authors have recommended their favorite books and what they love about them. Browse their picks for the best books about mathematical models, consumer behaviour, and economics.

Mathematical Models Explore 15 books about mathematical models
Consumer Behaviour Explore 23 books about consumer behaviour
Economics Explore 135 books about economics