Studies in Austrian Capital Theory, Investment, and Time:
The neglect of time in general and of the time structure of production in particular in mainstream economics led to the rebirth of the Austrian tradition in the seventies. The names of BERNHCLZ, HICKS, KIRZNER and VON WEIZSACKER are representative of different approaches. In 1979 my "Introducti...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Berlin, Heidelberg
Springer Berlin Heidelberg
1986
|
| Ausgabe: | 1st ed. 1986 |
| Schriftenreihe: | Lecture Notes in Economics and Mathematical Systems
277 |
| Schlagworte: | |
| Online-Zugang: | BTU01 URL des Erstveröffentlichers |
| Zusammenfassung: | The neglect of time in general and of the time structure of production in particular in mainstream economics led to the rebirth of the Austrian tradition in the seventies. The names of BERNHCLZ, HICKS, KIRZNER and VON WEIZSACKER are representative of different approaches. In 1979 my "Introduction to Modern Austrian Capital Theory" appeared, in which I unified various papers BERNHOLZ and I had written. I also linked our approach to those of VON NEUMANN, of HICKS and of neoclassical capital theory. These "Studies" supplement and continue my "Introduction" in various ways. With all the authors of the present volume I have cooperated for several years. This volume is subdivided into five parts. The first one, Historical Perspectives, gives first an outline on the development of Austrian capital theory from its origins to the present. Next it relates Modern Austrian Capital Theory to SRAFFA's theory and to the Austrian subjectivists' pure time preference theory of interest. The latter theory is represented in its opposition to the traditional productivity-cum-time preference explanation of interest, which is. common t9 neoclassical and BOHM-BAWERKian capital theory alike. The Austrian subjectivist pure time preference theory has been misinterpreted in its recent presentation, which has led to misunderstandings. It is shown that there is no real contradiction between the two appoaches |
| Beschreibung: | 1 Online-Ressource (VI, 320 p) |
| ISBN: | 9783642517013 |
| DOI: | 10.1007/978-3-642-51701-3 |
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| spelling | Studies in Austrian Capital Theory, Investment, and Time edited by Malte Faber 1st ed. 1986 Berlin, Heidelberg Springer Berlin Heidelberg 1986 1 Online-Ressource (VI, 320 p) txt rdacontent c rdamedia cr rdacarrier Lecture Notes in Economics and Mathematical Systems 277 The neglect of time in general and of the time structure of production in particular in mainstream economics led to the rebirth of the Austrian tradition in the seventies. The names of BERNHCLZ, HICKS, KIRZNER and VON WEIZSACKER are representative of different approaches. In 1979 my "Introduction to Modern Austrian Capital Theory" appeared, in which I unified various papers BERNHOLZ and I had written. I also linked our approach to those of VON NEUMANN, of HICKS and of neoclassical capital theory. These "Studies" supplement and continue my "Introduction" in various ways. With all the authors of the present volume I have cooperated for several years. This volume is subdivided into five parts. The first one, Historical Perspectives, gives first an outline on the development of Austrian capital theory from its origins to the present. Next it relates Modern Austrian Capital Theory to SRAFFA's theory and to the Austrian subjectivists' pure time preference theory of interest. The latter theory is represented in its opposition to the traditional productivity-cum-time preference explanation of interest, which is. common t9 neoclassical and BOHM-BAWERKian capital theory alike. The Austrian subjectivist pure time preference theory has been misinterpreted in its recent presentation, which has led to misunderstandings. It is shown that there is no real contradiction between the two appoaches Geschichte gnd rswk-swf Economics, general Economics Management science Investition (DE-588)4027556-5 gnd rswk-swf Investitionstheorie (DE-588)4162257-1 gnd rswk-swf Wiener Schule Wirtschaftswissenschaften (DE-588)4140691-6 gnd rswk-swf Zeitpräferenz (DE-588)4190616-0 gnd rswk-swf Kapitaltheorie (DE-588)4130460-3 gnd rswk-swf (DE-588)4143413-4 Aufsatzsammlung gnd-content Wiener Schule Wirtschaftswissenschaften (DE-588)4140691-6 s Kapitaltheorie (DE-588)4130460-3 s Investitionstheorie (DE-588)4162257-1 s DE-604 Investition (DE-588)4027556-5 s Zeitpräferenz (DE-588)4190616-0 s Geschichte z Faber, Malte edt Erscheint auch als Druck-Ausgabe 9783540168041 Erscheint auch als Druck-Ausgabe 9783642517020 https://doi.org/10.1007/978-3-642-51701-3 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Studies in Austrian Capital Theory, Investment, and Time Economics, general Economics Management science Investition (DE-588)4027556-5 gnd Investitionstheorie (DE-588)4162257-1 gnd Wiener Schule Wirtschaftswissenschaften (DE-588)4140691-6 gnd Zeitpräferenz (DE-588)4190616-0 gnd Kapitaltheorie (DE-588)4130460-3 gnd |
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| title | Studies in Austrian Capital Theory, Investment, and Time |
| title_auth | Studies in Austrian Capital Theory, Investment, and Time |
| title_exact_search | Studies in Austrian Capital Theory, Investment, and Time |
| title_exact_search_txtP | Studies in Austrian Capital Theory, Investment, and Time |
| title_full | Studies in Austrian Capital Theory, Investment, and Time edited by Malte Faber |
| title_fullStr | Studies in Austrian Capital Theory, Investment, and Time edited by Malte Faber |
| title_full_unstemmed | Studies in Austrian Capital Theory, Investment, and Time edited by Malte Faber |
| title_short | Studies in Austrian Capital Theory, Investment, and Time |
| title_sort | studies in austrian capital theory investment and time |
| topic | Economics, general Economics Management science Investition (DE-588)4027556-5 gnd Investitionstheorie (DE-588)4162257-1 gnd Wiener Schule Wirtschaftswissenschaften (DE-588)4140691-6 gnd Zeitpräferenz (DE-588)4190616-0 gnd Kapitaltheorie (DE-588)4130460-3 gnd |
| topic_facet | Economics, general Economics Management science Investition Investitionstheorie Wiener Schule Wirtschaftswissenschaften Zeitpräferenz Kapitaltheorie Aufsatzsammlung |
| url | https://doi.org/10.1007/978-3-642-51701-3 |
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