The Pure Theory of CapitalUniversity of Chicago Press, 2007 - 438 páginas The Pure Theory of Capital, F. A. Hayek’s long-overlooked, little-understood volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifted to John Maynard Keynes, Hayek’s manifesto of capital theory is now available again for today’s students and economists to discover. |
Contenido
CONTENTS | 7 |
ANALYTICAL TABLE OF CONTENTS | 11 |
INTRODUCTORY | 29 |
THE SCOPE OF THE INQUIRY | 31 |
EQUILIBRIUM ANALYSIS AND THE CAPITAL PROBLEM | 40 |
THE SIGNIFICANCE OF ANALYSIS IN REAL TERMS | 52 |
THE RELATION OF THIS STUDY TO THE CURRENT THEORIES OF CAPITAL | 62 |
THE NATURE OF THE CAPITAL PROBLEM1 | 71 |
CAPITALISTIC PRODUCTION IN A COMPETITIVE COMMUNITY | 235 |
THE GENERAL CONDITIONS OF EQUILIBRIUM | 237 |
THE ACCUMULATION OF CAPITAL | 253 |
THE EFFECT OF THE ACCUMULATION OF CAPITAL ON THE QUANTITIES PRODUCED AND ON RELATIVE PRICES OF DIFFERENT CO... | 267 |
THE ADJUSTMENT OF THE CAPITAL STRUCTURE TO FORESEEN CHANGES | 274 |
THE EFFECTS OF UNFORESEEN CHANGES AND IN PARTICULAR OF INVENTIONS | 285 |
THE MOBILITY OF CAPITAL | 299 |
SAVING INVESTMENT AND THE CONSUMPTION OF CAPITAL | 308 |
SOME DEFINITIONS | 84 |
CAPITAL AND THE SUBSISTENCE FUND | 100 |
INVESTMENT IN A SIMPLE ECONOMY | 109 |
THE OUTPUT FUNCTION AND THE INPUT FUNCTION | 111 |
THE CONTINUOUS PROCESS OF PRODUCTION | 126 |
THE POSITION OF DURABLE GOODS IN THE INVESTMENT STRUCTURE | 137 |
THE PRODUCTIVITY OF INVESTMENT | 148 |
PLANNING FOR A CONSTANT OUTPUT STREAM | 160 |
COMPOUND INTEREST AND THE INSTANTANEOUS RATE OF INTEREST | 173 |
THE MARGINAL PRODUCTIVITY OF INVESTMENT AND THE RATE OF INTEREST | 180 |
INPUT OUTPUT AND THE STOCK OF CAPITAL IN VALUE TERMS1 | 192 |
THE PROBLEM OF ATTRIBUTION IMPUTATION | 199 |
TIME PREFERENCE AND ITS EFFECTS WITH CONSTANT RETURNS ON INVESTMENT1 | 210 |
THEIR RELATIVE IMPORTANCE | 221 |
THE RATE OF INTEREST IN A MONEY ECONOMY | 321 |
FACTORS AFFECTING THE RATE OF INTEREST IN THE SHORT RUN | 323 |
LONGRUN FORCES AFFECTING THE RATE OF INTEREST | 337 |
CONCLUSIONS AND OUTLOOK | 359 |
APPENDIX I Time Preference and Productivity | 371 |
APPENDIX II The Conversion of Circulating Capital Into Fixed Capital | 380 |
APPENDIX III Demand for Commodities Is Not Demand for Labour | 388 |
APPENDIX IV A Comment1 | 395 |
A Reconsideration1 | 396 |
INDEX OF DEFINITIONS OF SOME TECHNICAL TERMS | 403 |
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