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Interest and Prices - A Study of the Causes Regulating the Value of Money (Large print, Paperback, Large type / large print edition) Loot Price: R450

Discovery Miles 4 500

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Interest and Prices - A Study of the Causes Regulating the Value of Money (Large print, Paperback, Large type / large print...

Interest and Prices - A Study of the Causes Regulating the Value of Money (Large print, Paperback, Large type / large print edition)

R F Kahn; Introduction by Bertil Ohlin; Knut Wicksell

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Loot Price R450 Discovery Miles 4 500

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LARGE PRINT EDITION More at LargePrintLiberty.com. It was this work by Swedish economist Wicksell that drew the attention of Ludwig von Mises to the effects of interest rate manipulation on the capital structure. This was the first to present the idea of the natural rate of interest, which Wicksell argued can be different from the prevailing rate on the market. The natural rate is equal to the return on capital in an imaginary economy without money. Mises took that idea and made it a central component of his business cycle theory. Wicksell was also an important critic of the Quantity Theory of money.

General

Imprint:	Createspace Independent Publishing Platform
Country of origin:	United States
Release date:	2014
First published:	2014
Translators:	R F Kahn
Introduction by:	Bertil Ohlin
Authors:	Knut Wicksell
Dimensions:	254 x 203 x 15mm (L x W x T)
Format:	Paperback - Trade
Pages:	274
Edition:	Large type / large print edition
ISBN-13:	978-1-4953-8582-7
Categories:	Books > Humanities > History > General Books > History > General Promotions
LSN:	1-4953-8582-5
Barcode:	9781495385827