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Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and Q-Ratios (in English)
Michael Perelman (Author)
·
Palgrave Macmillan
· Hardcover
Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and Q-Ratios (in English) - Michael Perelman
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Synopsis "Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and Q-Ratios (in English)"
This book integrates Keynes' observations about the q-theory into a coherent theory of replacement investment. It demonstrates why, in the absence of a significant post-war depression, business was relieved of the need to replace obsolete capital goods, leading to a period of prolonged stagnation.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Hardcover.
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