Articles liés à Interest and Prices (Large Print Edition): A Study...

Interest and Prices (Large Print Edition): A Study of the Causes Regulating the Value of Money - Couverture souple

Wicksell, Knut

 
9781495385827: Interest and Prices (Large Print Edition): A Study of the Causes Regulating the Value of Money
Couverture souple
ISBN 10 : 1495385825 ISBN 13 : 9781495385827
Editeur : CreateSpace Independent Publishing Platform, 2014

Synopsis

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It was this work by Swedish economist Wicksell that drew the attention of Ludwig von Mises to the effects of interest rate manipulation on the capital structure. This was the first to present the idea of the natural rate of interest, which Wicksell argued can be different from the prevailing rate on the market. The natural rate is equal to the return on capital in an imaginary economy without money. Mises took that idea and made it a central component of his business cycle theory. Wicksell was also an important critic of the Quantity Theory of money.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

LARGE PRINT EDITION! More at LargePrintLiberty.com.

It was this work by Swedish economist Wicksell that drew the attention of Ludwig von Mises to the effects of interest rate manipulation on the capital structure. This was the first to present the idea of the natural rate of interest, which Wicksell argued can be different from the prevailing rate on the market. The natural rate is equal to the return on capital in an imaginary economy without money. Mises took that idea and made it a central component of his business cycle theory. Wicksell was also an important critic of the Quantity Theory of money.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
CreateSpace Independent Publishing Platform
Date d'édition
2014
Langue
anglais
ISBN 10 
1495385825
ISBN 13 
9781495385827
Reliure
Broché
Nombre de pages
274
Coordonnées du fabricant
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