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Waiting

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Capital Theory

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Abstract

The term ‘waiting’ was introduced by MacVane (1887) to replace the term ‘abstinence’ used by earlier economists. Both terms are so closely related that they will be discussed together.

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Authors

Editor information

John Eatwell Murray Milgate Peter Newman

Copyright information

© 1990 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Hennings, K.H. (1990). Waiting. In: Eatwell, J., Milgate, M., Newman, P. (eds) Capital Theory. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20861-6_24

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