The Rate of Interest: And Other EssaysMacmillan, 1952 - 170 páginas |
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Página 62
... Suppose that the innovation consists of a scheme for mechanising a line of production formerly carried out with hand tools , and suppose that there is little or no economy in working capital to offset the increase in equipment , so that ...
... Suppose that the innovation consists of a scheme for mechanising a line of production formerly carried out with hand tools , and suppose that there is little or no economy in working capital to offset the increase in equipment , so that ...
Página 114
... suppose that population has increased but em- ployment has not . There is no dole and employed workers are supporting their unemployed relations . The total demand for wheat has increased by less than in the former case , and in the ...
... suppose that population has increased but em- ployment has not . There is no dole and employed workers are supporting their unemployed relations . The total demand for wheat has increased by less than in the former case , and in the ...
Página 135
... suppose that the queue of un- completed constructional projects is still large , so that the boom is continuing . Now in this situation entrepreneurs find themselves in a seller's market , and they have capacity to produce , but they ...
... suppose that the queue of un- completed constructional projects is still large , so that the boom is continuing . Now in this situation entrepreneurs find themselves in a seller's market , and they have capacity to produce , but they ...
Conteúdo
THE RATE OF INTEREST | 3 |
The Structure of the Market | 5 |
Changes in the Quantity of Money and in Expectations II | 11 |
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acceleration principle Alpha amortisation amount analysis argument available labour bill rate bond rate boom borrowing capital cost capital per unit capitalist commodities constant consumption demand for money economy effective demand entrepreneurs expanding expectations factors of production fall firms full employment future given rate Harrod industry influence innovations interest rates investment plans Kalecki Keynes labour cost liquidity preference long rate ment money wages money-wage rates national income net output normal normal profits output per man-hour owners of wealth period plant proportion quantity of money raise rate of accumulation rate of exploitation rate of growth rate of interest rate of investment rate of output rate of profit ratio real wage reduces rentier rise Rosa Luxemburg short rate slump steady stock of capital supply of finance suppose technical progress technique terms of product tion unchanged unit of output wage rates wage units wheat workers