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Capital and Its Structure

        

Capital and Its Structure

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"Ludwig Lachmann in 1956 set out 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. Here he presents a robust theory of capital that incorporates an Austrian understanding of the business cycle and the market process. It remains a seminal study written while he was at the height of his intellectual powers." 
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Material Type: Open Textbook
Technical Format: PDF
Date Added to MERLOT: June 14, 2011
Date Modified in MERLOT: June 14, 2011
Author:
Submitter: Cathy Swift

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Primary Audience: College Upper Division
Mobile Compatibility: Not specified at this time
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Language: English
Cost Involved: no
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