Pub Date: January 1, 1989
Dewey: 330.1
Lexile Code: 0000
Features: Illustrated
Target Age Group: NA to NA
Physical Info: 0.70" H x 8.50" L x 5.50" W ( 0.88 lbs) 298 pages
BISAC Categories:
Business and Economics | Finance | General | Economics | Theory | Investments and Securities | Econometrics | Industries | Financial Services
Description: 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.