1.

Record Nr.

UNINA9910153202003321

Autore

Lindahl Erik

Titolo

Studies in the Theory of Money and Capital

Pubbl/distr/stampa

London : , : Taylor and Francis, , 2016

ISBN

1-315-44360-0

1-315-44359-7

Edizione

[First edition.]

Descrizione fisica

1 online resource (392 pages)

Collana

Routledge Library Editions: Landmarks in the History of Economic Thought ; ; Volume 4

Disciplina

332.4

Soggetti

Economics

Money

Interest

Prices

Capital

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

Part 1: The Dynamic Approach to Economic Theory 1. Introduction to the Study of Dynamic Theory 2. Algebraic Discussion of the Relations Between Some Fundamental Concepts  -- Part 2: The Rate of Interest and the Price Level (1930) 1. Introduction 2. The Cumulative Process Caused by Lowering or Raising the Level of Interest Rates 3. The Significance of Interest Rate Differentiation 4. The Rate of Interest As An Instrument For the Maintenance of An Unchanged Price Level 5. The Rate of Interest As An Instrument for Regulating The Price Level in Inverse proportion to Productivity 6. Wicksell’s Concept of a ‘Normal Rate of Interest’  -- Part 3: The Place of Capital in the Theory of Price (1929) 1. The Traditional Setting of the Pricing Problem 2. Perfect Foresight and Stationary Conditions 3. Perfect Foresight and Dynamic Conditions 4. Imperfect Foresight. Appendix: The Problem of Balancing the Budget (1935).

Sommario/riassunto

"It is well-known that the Swedish experiment in practical economic control was inspired by a simultaneous development of economic thought in Sweden. Despite Swedish economics being known globally, until this book was originally published in 1939 there was little except



second-hand descriptions of what the Swedes were really saying. This volume remedied that and explained hitherto hidden contemporary Swedish monetary theory. "--Provided by publisher.