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- Author: Michael Perelman
- Publisher: Palgrave Macmillan
- ISBN-10: 1349199427
- ISBN-13: 9781349199426
- Format: 14 x 21.6 x 1.8 cm, minkšti viršeliai
- Language: English
- SAVE -10% with code: EXTRA
Keynes, Investment Theory and the Economic Slowdown (e-book) (used book) | bookbook.eu
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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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- Author: Michael Perelman
- Publisher: Palgrave Macmillan
- ISBN-10: 1349199427
- ISBN-13: 9781349199426
- Format: 14 x 21.6 x 1.8 cm, minkšti viršeliai
- Language: English 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.
Reviews