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First published in 1941, The Pure Theory of Capital has long been overlooked.
Hayek\'s stated objective was to make Capital theory--which had previously been devoted almost entirely to the explanation of interest rates--"useful for the analysis of the monetary phenomena of the real world." His ambitious goal was nothing less than to develop a Capital theory.
This volume offers a detailed account of the equilibrium relationships between inputs and outputs in a time-filled economy.
First published in 1941, The Pure Theory of Capital has long been overlooked
Uneori, aceste descrieri pot contine inadvertente. De asemenea, imaginea este informativa si poate contine accesorii neincluse in pachetele standard.
