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Value, Capital and Rent (Routledge Library Editions: Landmarks in the History of Economic Thought) - Hardcover

 
9781138218079: Value, Capital and Rent (Routledge Library Editions: Landmarks in the History of Economic Thought)
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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.

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  • PublisherRoutledge
  • Publication date2016
  • ISBN 10 1138218073
  • ISBN 13 9781138218079
  • BindingHardcover
  • Edition number1
  • Number of pages182

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