Capital and Finance: Theory and History

ISBN-13: 9780367514556 / Angielski / Miękka / 2022 / 162 str.

Opis

This book applies finance to the field of capital theory, thus providing a new point of view and analysis of the long-standing problems in capital theory as well as other related topics such as the use of neoclassical production functions and theorizing about business cycles.

Spis treści

PART I  CAPITAL, PRODUCTION, AND TIME  1. Capital, Income, and the Time-Value of Money  2. Discount rates and time PART II HISTORY OF CAPITAL THEORY 3. Menger and Böhm-Bawerk: Foundations of Austrian Capital Theory  4. Hayek’s Capital Theory and Austrian Business Cycle Theory  5. Ludwig Lachmann and the Capital Structure  6. Ludwig von Mises and Capital from a Financial Perspective  7. John Hicks and Capital in the Aggregate Production Function  PART III FINANCIAL APPLICATIONS  8. The EVA® Framework  9. EVA and Microeconomics  10. EVA and Macroeconomics 11. EVA and Institutions 12. Concluding Remarks  13. References