Könyv Capital and Time John Hicks

Capital and Time

A Neo-Austrian Theory

Szerző: John Hicks
Nyelv: Angol
Kötés: Puha kötésű
Elérhetőség: Beszállítói készleten
Küldés 10-18 napon belül
22 946 Ft
This book, first published in 1973, takes up an important approach to capital which had gone out of...

Információk a könyvről

Szerző
Nyelv
Angol
Kötés
Könyv - Puha kötésű
Kiadva
1987
oldal
228
EAN
9780198772866
ISBN
0198772866
Enbook ID
04528690
Súly
297
Méretek
138 x 217 x 16

Teljes leírás

This book, first published in 1973, takes up an important approach to capital which had gone out of fashion. It is being reissued in paperback in recognition of the recent renewed interest in this approach. The 'Austrian' theory of capital concentrates on the inputs and outputs in the productive process, and has an advantage over more modern theories of economic dynamics in that it is more naturally expressible in economic terms: the production process over time is taken as a whole, rather than disintegrated. However, this approach had been largely abandoned because it seemed to be unable to deal with fixed capital. Sir John overcomes this problem here by allowing for a sequence of outputs, and the consequences for dynamic economics are profound and novel.

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