Capital, Interest, and Waiting

Name: Capital, Interest, and Waiting
Brand: Springer, Berlin
SKU: 9783031633973
Price: 454.8 RON
Availability: InStock

Controversies, Puzzles, and New Additions to Capital Theory

Autor: Leland B. Yeager, Steve H. Hanke

Limbă:

Legare: Copertă tare

Editura: Springer, Berlin

Disponibilitate: În depozitul extern

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454.80 lei

Prominent economists including Nassau Senior, Eugene von Böhm-Bawerk, Gustav Cassel, Irving Fisher,...

Informații despre carte

Autor

Leland B. Yeager, Steve H. Hanke

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2024

Pagini

304

EAN

9783031633973

Enbook ID

46017705

Editura

Springer, Berlin

Greutate

632

Dimensiuni

148 x 210

Descriere completă

Prominent economists including Nassau Senior, Eugene von Böhm-Bawerk, Gustav Cassel, Irving Fisher, Walter Eucken, and Robert Dorfman have recognized or toyed with the idea of waiting as a factor of production, but this concept has not yet been explored in its entirety until now. In this book, Leland B. Yeager and Steve H. Hanke dive into the economic theory behind waiting and contextualize its relevance to modern-day monetary policy.Capital, Interest, and Waiting challenges economists to reconsider capital theory. The arguments presented within the book embrace extant literature on capital theory, including the numerous controversies, puzzles, and debates crowding the subject. These debates range from the Cambridge controversies triggered by Joan Robinson's work to the famous "reswitching" problem to a broader array of important problems in capital theory that were laid out by Walter Eucken, among others.Leland B. Yeager and Steve H. Hanke present, discuss, and resolve these many complexities of capital theory. Chapters break new ground again and again by demonstrating how waiting is a factor of production and interest is its price. Those who read this book will challenge long-held beliefs relevant to monetary economics and reconsider their approach to capital theory.

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Capital, Interest, and Waiting

Controversies, Puzzles, and New Additions to Capital Theory

Informații despre carte

Descriere completă

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