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Titlebook: Introduction to Modern Austrian Capital Theory; Malte Faber Textbook 1979 Springer-Verlag Berlin Heidelberg 1979 Kapital.Wachstum.economic

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书目名称Introduction to Modern Austrian Capital Theory
编辑Malte Faber
视频video
丛书名称Lecture Notes in Economics and Mathematical Systems
图书封面Titlebook: Introduction to Modern Austrian Capital Theory;  Malte Faber Textbook 1979 Springer-Verlag Berlin Heidelberg 1979 Kapital.Wachstum.economic
描述During the fifties and the sixties the neoclassical concept of the production function was criticized in numerous papers. In particular, the aggregation of different capital goods into a single number was reprehended. A second essential disadvantage, namely the neglect of the time structure of the production process, found, however, rela­ tively little attention. While up to the thirties the Austrian capital theory which stressed the time aspect of production was an important school, it fell into oblivion after the great capital controversies of the thirties. It took over thirty years, i. e. till the beginning of the seventies be­ fore it came to a renaissance of the Austrian capital theory by var­ ious writers. We may roughly classify the different attempts of Hits rebirth in modern economics" into three groups: 1. The approach of ~ [1970, 1973, 1973a] has received most of the attention in the literature (Burmeister [1974], Faber [1975], Fehl [1975], ~[1975], Hagemann and ~ [1976]). It will be shown in Chapter 9 that ~ is only in so far a Neo-Austrian as he does explicitly take into consideration the vertical time structure of the production process. But he does not use the Austri
出版日期Textbook 1979
关键词Kapital; Wachstum; economics; economy; efficiency; growth; growth model; growth theory; planned economy; prod
版次1
doihttps://doi.org/10.1007/978-3-642-48310-3
isbn_softcover978-3-540-09121-9
isbn_ebook978-3-642-48310-3Series ISSN 0075-8442 Series E-ISSN 2196-9957
issn_series 0075-8442
copyrightSpringer-Verlag Berlin Heidelberg 1979
The information of publication is updating

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0075-8442 aggregation of different capital goods into a single number was reprehended. A second essential disadvantage, namely the neglect of the time structure of the production process, found, however, rela­ tively little attention. While up to the thirties the Austrian capital theory which stressed the ti
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The Austrian Theory of Interestor a while in order to braid a fishing net. With this net he will be able to catch more fish than before. The same is true if he manufactures a boat. Hence the law of superiority of more roundabout methods is valid.
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Textbook 1979 in the literature (Burmeister [1974], Faber [1975], Fehl [1975], ~[1975], Hagemann and ~ [1976]). It will be shown in Chapter 9 that ~ is only in so far a Neo-Austrian as he does explicitly take into consideration the vertical time structure of the production process. But he does not use the Austri
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