1st Edition

Value, Capital and Rent

By Knut Wicksell Copyright 1954
182 Pages
by Routledge

182 Pages
by Routledge

182 Pages
by Routledge

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... Read more

1. The New Theory of Value 2. The New Theory of Capital and Its Relations to the Theory of Wages, Ground-Rent and Values of Goods

Biography

Wicksell, Knut