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  • Author: gravita
  • Date: 20-10-2013, 19:53
20-10-2013, 19:53

Capital & Its Structure

Category: E-Books

Capital & Its Structure
Ludwig M. Lachmann - Capital & Its Structure
Published: 1977-01-01 | ISBN: 0836207416, 0836207408 | PDF | 130 pages | 6 MB

Ludwig Lachmann set out in 1956 to correct the problem that the economics profession had no coherent and working understanding of capital - a concept so integral to economic science, and yet not explored at length since the takeover of macroeconomics by Keynesian theory.

In Capital and Its Structure, Lachmann presents a robust theory of capital that incorporates an Austrian School understanding of the business cycle and the market process. It remains a seminal study written while Lachmann was at the height of his intellectual powers.

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