Abstract
The problem of investment priorities is a special case of the general problem of choice. It involves three types of questions: what is being selected, what is the selective norm, and who is making the selection?
The author is an expert of the Technical Assistance Administration of the United Nations, but the paper reflects only his personal views. He is grateful for the useful comments received by staff members of the Economic Commission, for Latin America, but for all mistakes he takes entire responsibility.
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Notes
A. P. Lerner, The Economics of Control (New York, 1944).
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© 1961 International Economic Association
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Ahumada, J. (1961). Investment Priorities. In: Ellis, H.S. (eds) Economic Development for Latin America. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08449-4_13
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DOI: https://doi.org/10.1007/978-1-349-08449-4_13
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-08451-7
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