Interest and Prices High quality books
Interest and Prices
By:Knut Wicksell,R. F. Kahn,Bertil Ohlin
Published on 2014-01-30 by CreateSpace
LARGE PRINT EDITION! More at LargePrintLiberty.com. It was this work by Swedish economist Wicksell that drew the attention of Ludwig von Mises to the effects of interest rate manipulation on the capital structure. This was the first to present the idea of the natural rate of interest, which Wicksell argued can be different from the prevailing rate on the market. The natural rate is equal to the return on capital in an imaginary economy without money. Mises took that idea and made it a central component of his business cycle theory. Wicksell was also an important critic of the Quantity Theory of money.
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Book ID of Interest and Prices's Books is cwgDngEACAAJ, Book which was written byKnut Wicksell,R. F. Kahn,Bertil Ohlinhave ETAG "q+7EXq+fVv4"
Book which was published by CreateSpace since 2014-01-30 have ISBNs, ISBN 13 Code is 9781495385827 and ISBN 10 Code is 1495385825
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