Value, Capital and Rent: 1st Edition (Paperback) book cover

Value, Capital and Rent

1st Edition

By Knut Wicksell

Routledge

178 pages

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Paperback: 9781138218109
pub: 2018-10-23
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pub: 2016-10-24
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Description

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.

Table of Contents

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

About the Series

Routledge Library Editions: Landmarks in the History of Economic Thought

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS023000
BUSINESS & ECONOMICS / Economic History
BUS069010
BUSINESS & ECONOMICS / Economics / Comparative