LEADER 03547nam 2200589Ia 450 001 9910807472103321 005 20200520144314.0 010 $a1-281-98129-X 010 $a9786611981297 010 $a0-19-152125-6 035 $a(CKB)2440000000012778 035 $a(OCoLC)666883265 035 $a(CaPaEBR)ebrary10274568 035 $a(SSID)ssj0000290856 035 $a(PQKBManifestationID)11225481 035 $a(PQKBTitleCode)TC0000290856 035 $a(PQKBWorkID)10231321 035 $a(PQKB)10627395 035 $a(MiAaPQ)EBC3052879 035 $a(Au-PeEL)EBL3052879 035 $a(CaPaEBR)ebr10274568 035 $a(CaONFJC)MIL198129 035 $a(OCoLC)922953811 035 $a(EXLCZ)992440000000012778 100 $a19820916d1973 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aCapital and time $ea neo-Austrian theory /$fby John Hicks 205 $a1st ed. 210 $aOxford $cClarendon Press$d1973 215 $a1 online resource (226 pages) $cillustrations 300 $aBibliographic Level Mode of Issuance: Monograph 311 0 $a0-19-828179-X 320 $aIncludes bibliographical references. 327 $aIntro -- PREFACE -- CONTENTS -- PART I: MODEL -- I. GOODS AND PROCESSES -- NOTE TO CHAPTER I. The History of 'Austrian' theory -- II. THE PROCESS AND ITS PROFILES -- NOTE TO CHAPTER II. The Fundamental Theorem in continuous time -- III. SOCIAL ACCOUNTING -- NOTE TO CHAPTER III. The Social Accounting Equation in Continuous Time -- IV. TECHNIQUE AND TECHNOLOGY -- V. FULL PERFORMANCE AND FULL EMPLOYMENT -- VI. STEADY STATES -- PART II: TRAVERSE -- VII. THE STANDARD CASE AND THE SIMPLE PROFILE -- VIII. THE FIXWAGE PATH -- IX. THE FULL EMPLOYMENT PATH -- X. SUBSTITUTION -- XI. SHORTENING AND LENGTHENING -- XII. WAYS AHEAD -- (a) More general profiles -- (b) Minor switches -- (c) Multiplicity of goods -- (d) Multiplicity of factors -- PART III: CONTROVERSY -- XIII. THE MEASUREMENT OF CAPITAL-VALUE AND VOLUME -- NOTE TO CHAPTER XIII. Ex-post income -- XIV. THE ACCUMULATION OF CAPITAL -- XV. THE PRODUCTION FUNCTION -- APPENDIX: THE MATHEMATICS OF TRAVERSE -- INDEX -- A -- B -- C -- D -- E -- F -- G -- H -- I -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- V -- W -- Y. 330 $aThis book, first published in 1973, takes up an important approach to capital which had gone out of fashion. There has been some recent renewed interest in this approach. The 'Austrian' theory of capital concentrates on the inputs and outputs in the productive process, and has an advantage over more modern theories of economic dynamics in that it is more naturally expressible in economic terms: the production process over time is taken as a whole, rather than disintegrated. However, this approach had been largely abandoned because it seemed to be unable to deal with fixed capital. The book overcomes this problem here by allowing for a sequence of outputs, and the consequences for dynamic economics are profound and novel. -- Provided by publisher 606 $aCapital$xMathematical models 606 $aAustrian school of economics 615 0$aCapital$xMathematical models. 615 0$aAustrian school of economics. 676 $a339 700 $aHicks$b John$f1904-1989.$0173832 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910807472103321 996 $aCapital and time$947847 997 $aUNINA