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Interest And Prices Interest And Prices Geldzins Und Gterpreise Knut Wicksell

Name: Interest And Prices Interest And Prices Geldzins Und Gterpreise Knut Wicksell
SKU: BELL-23908074
Price: 31.00 USD
Availability: InStock
Rating: 4.7 (46 reviews)

SKU: BELL-23908074

$ 31.00 ~~$ 45.00~~ (-31%)

4.7

46 reviews

Interest And Prices Interest And Prices Geldzins Und Gterpreise Knut Wicksell instant download after payment.

Publisher: Ludwig von Mises Institute

File Extension: EPUB

File size: 1.25 MB

Pages: 239

Author: Knut Wicksell

ISBN: 9781610160599, 1610160592

Language: English

Year: 2007

Product desciption

Interest And Prices Interest And Prices Geldzins Und Gterpreise Knut Wicksell by Knut Wicksell 9781610160599, 1610160592 instant download after payment.

It was this work by Swedish economist Wicksell that drew Mises's attention to the effects of interest rate manipulation on the capital structure. This was the first to present the idea of the natural rate of interest, which Wicksell argued can be different from the prevailing rate on the market. The natural rate is equal to the return on capital in an imaginary economy without money. Mises took that idea and made it a central component of his business cycle theory. Wicksell was also an important critic of the Quantity Theory of money. This edition of this important work is the only one in print.