A01=Knut Wicksell
Author_Knut Wicksell
Bohm Bawerk's Theory
Category=KC
Category=KCA
Category=KCBM
Category=KCZ
Differential Coefficient
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Follow
ground rent analysis
Hold
income distribution
Independent
Kapital Und Rente
KNUT
Knut Wicksell
Live
macroeconomic theory
Main
Maintenance
Marginal Utility
Marginal Utility Function
Mathematical Expression
monetary economics
real interest rate
Reciprocal Competition
Ricardo's Theory
Stanley Jevons
Strong
Surplus Returns
theory of price determination
Total Utility
Und
Vice Versa
Wage Fund Theorists
wage theory
Walras's Theory
YI
Product details
- ISBN 9781138218109
- Weight: 340g
- Dimensions: 156 x 234mm
- Publication Date: 23 Oct 2018
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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Knut Wicksell is acknowledged to be the precursor and prophet of modern macroeconomic theory and he provided some of its chief elements a generation before their power and significance were properly recognized. This book, originally published in German in 1893 and in English in 1954 brought time into the previously timeless theory of value and income distribution. The theory of the real interest rate, which he developed in Value, Capital and Rent became a central and essential element when he began to explain what determines the general level of money prices and how the changes of this level come about.
