The Essentials of Capital Theory
To write on the ‘essentials’ of capital theory, as it unfortunately fell to my lot, necessarily means making a value judgment. In selecting from among the almost infinite number of things that have been said about capital only what can be pressed into a short paper, I cannot hope to make the choice that others would make. It obviously is not possible for me to offer anything like a comprehensive survey of the main currents of thought on capital theory.
KeywordsInterest Rate Capital Stock Capital Accumulation Capital Good Conceptual Problem
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