000 02251nam a22003738i 4500
001 CR9781108696012
003 UkCbUP
005 20240830152831.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 181012s2019||||enk o ||1 0|eng|d
020 _a9781108696012 (ebook)
020 _z9781108735889 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
050 4 _aHB98
_b.L49 2019
082 0 4 _a330.157
_223
100 1 _aLewin, Peter,
_eauthor.
245 1 0 _aAustrian capital theory :
_ba modern survey of the essentials /
_cPeter Lewin, Nicolas Cachanosky.
264 1 _aCambridge :
_bCambridge University Press,
_c2019.
300 _a1 online resource (81 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aCambridge elements
490 0 _aAustrian economics
_x2399-651X
500 _aTitle from publisher's bibliographic system (viewed on 17 Jan 2019).
520 _aThis Element presents a new framework for Austrian capital theory, starting from the notion that capital is value. Capital is the value attributed by the valuer at any moment in time to the combination of production-goods and labor available for production. Capital is the result obtained by calculating the current value of a business-unit or business-project that employs resources over time. It is the result of a (subjective) entrepreneurial calculation process that relates the flow of consumptions goods to the value of the productive resources that will produce those consumptions goods. The entrepreneur is a ubiquitous calculating presence. In a review of the development of Austrian capital theory, by Carl Menger, Eugen von Böhm-Bawerk, Ludwig von Mises, Friedrich Hayek, Ludwig Lachmann as well as recent contributions, the Element incorporates the seminal contributions into the new framework in order to provide a more accessible perspective on Austrian capital theory.
650 0 _aAustrian school of economics.
700 1 _aCachanosky, Nicolas,
_eauthor.
776 0 8 _iPrint version:
_z9781108735889
830 0 _aCambridge elements.
856 4 0 _uhttps://doi.org/10.1017/9781108696012
942 _2ddc
_cEB
999 _c9798
_d9798