Economy and interest : a new presentation of the fundamental problems related to the economic role of the rate of interest and their solutions /

• Main Author: Allais, Maurice (συγγραφέας.)
• Other Authors: Daly, John Stephen (μεταφραστής.), Munier, Bertrand (συγγραφέας προλόγου.)
• Format: Book
• Language: English
• Published: Chicago ; London : The University of Chicago Press, 2024.
• Subjects: Τόκος και τοκογλυφία; Οικονομία

"The essential work from the Nobel Prize-winning virtuoso of twentieth-century economics, translated to English for the first time. Since Adam Smith developed a verbal theory of how the economy worked, economists have used mathematical equations to try to model such terms. Few figures advanced...

Table of Contents:

• Introduction
• Overview
• The fable of the fishermen
• Interest, capital, and capitalization
• Determination of the equilibrium rate of interest on capital in an account-based economy
• Interest and social efficiency
• Interest and social productivity
• Interest and money
• The problem of interest
• Significance of the general theory of interest
• At the of the study
• Appendixes. Illustration of the theory of social productivity; Illustration of general economic interdependences; Illustration of the generalized theory of social efficiency.