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Keynes, Investment Theory and the Economic Slowdown

Keynes, Investment Theory and the Economic Slowdown

Michael Perelman

207,79 €
IVA incluido
Disponible
Editorial:
Springer Nature B.V.
Año de edición:
1989
Materia
Inversiones y títulos valores
ISBN:
9781349199426
207,79 €
IVA incluido
Disponible
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This book integrates Keynes’ observations about the q-theory into a coherent theory of replacement investment. It demonstrates why, in the absence of a significant post-war depression, business was relieved of the need to replace obsolete capital goods, leading to a period of prolonged stagnation.

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