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Profits, Interest And Investment And Other Essays On The Theory Of Industrial Fluctuations

1939

by Hayek

Capital ConsumptionEconomic HistoryForced SavingFriedrich A. HayekMonetary TheoryJohn Maynard KeynesEquilibriumInterest RatesWagesDavid RicardoProductivityRicardo EffectAcceleration PrincipleCapital IntensityExpectationsMultiplierNicholas KaldorFixed CapitalAustrian SchoolKnut WicksellAdam SmithDeflationInflationJohn Stuart MillLudwig von MisesNeutral MoneyCapital TheoryFederal ReserveMonetary PolicyNatural Rate of InterestProductivity of CapitalCapital GoodsBusiness CyclesCapital StructureDepreciationCredit ExpansionArthur Cecil PigouIrving FisherUncertaintyCapital MovementsEconomic DevelopmentEntrepreneurshipSavingSubjective ValueStock ExchangeMethodologyPrice MechanismMoney MarketGunnar MyrdalInvestmentCapital AccumulationHoardingWilhelm RopkeIndustrial RevolutionProduction CostsThomas MalthusIncome DistributionInsuranceArthur SpiethoffStabilizationBoom and BustVelocity of CirculationUnemploymentJeremy BenthamLeon WalrasPrice LevelRoundabout ProductionPrice Stability

Table of Contents · 47 segments

1
Front Matter and Table of Contentsfront_matter
2
Prefacepreface
3
Profits, Interest and Investment: Introductiontheoretical
4
The Ricardo Effecttheoretical
5
The Ricardo Effect in the Boom and the Rate of Profittheoretical
6
Expectations and the Acceleration Principletheoretical
7
The Structure of Capitalistic Productiontheoretical
8
The Decline of Investment and the Role of Raw Materialstheoretical
9
Factors Governing the Revival of Investmenttheoretical
10
The Limits of Expansion and Inflationary Incomestheoretical
11
Investment Forms and the Rate of Contribution to Consumptiontheoretical
12
The Cumulative Process and the Ceiling of Stable Employmenttheoretical
13
Mitigating Fluctuations and the Role of Interest Ratestheoretical
14
Investment That Raises the Demand for Capitalessay
15
The Relative Significance of the Amount of Investment and of the Form that it takesessay
16
Completing Investments and the Rate of Interestessay
17
Causes of an Urgent Demand for Funds for Completing Investmentsessay
18
The Maintenance of Capital: The Nature and Significance of the Problemessay
19
The Maintenance of Capital: Critical Review of Professor Pigou's Treatmentessay
20
The Rationale of Maintaining Capital Intact and the Action of the Capitalist with Perfect Foresightessay
21
Obsolescence, Anticipated Risks, and Unforeseen Changesessay
22
The Impossibility of an Objective Standard and the Role of the Entrepreneuressay
23
Saving and Investing in a Dynamic Contextessay
24
Capital Accounting and Monetary Policyessay
25
Price Expectations, Monetary Disturbances and Malinvestments: Introductionessay
26
Equilibrium, Foresight, and Entrepreneurial Erroressay
27
The Capital Market and Monetary Distortionessay
28
Scarcity of Capital and the Crisisessay
29
Restating the Theory of Industrial Fluctuationsessay
30
Saving: Definition and Conceptual Evolutionessay
31
Classification of Saving and Capital Formationtheoretical
32
Historical Evolution of Saving and Investmenttheoretical
33
Modern Saving Institutions and the Deflationary Risk of Hoardingtheoretical
34
The Economic Effects of Investment and the Fallacy of Over-Savingtheoretical
35
Stability in a Dynamic Economy and the Capacity to Savetheoretical
36
The Present State and Immediate Prospects of the Study of Industrial Fluctuationsessay
37
Secondary Complications of Depression and Liquidationessay
38
Credit Expansion in Recovery and Progressive Societiesessay
39
A Note on the Development of the Doctrine of 'Forced Saving'essay
40
The 'Paradox' of Saving: Introduction and Contextessay
41
The Foster and Catchings Theory of Under-Consumptionessay
42
Critique of the Pollak Prize Essays and Proposed Reformsessay
43
The Fundamental Flaw: Capital and Roundabout Productionessay
44
Investment in Fixed vs. Circulating Capitalessay
45
Vertical Integration and the Function of Savingessay
46
Conclusion: The Dangers of Financing Consumptionessay
47
Index of Authors Citedbibliography