This discourse on the conference proceedings unveils Sir John Hicks's efforts to discuss capital/income family of concepts with their principal characteristics of... Læs mere
Capital theory traditionally spans two major compartments of economic theory: the theory of production of both individual products and the total product, and the theory of the distribution of the aggregate product between the different classes of capitalist society.
Economic Activity has its origins in a course of lectures given since 1950 to first-year undergraduates at the University of Adelaide. The book draws upon material from both courses, but the discussion of the financial sector is essentially theoretical.
The essays in this volume present a comprehensive view of modern economics. They range from techinical papers on a specific issue, throughy evaluation of a wide-ranging literature, with special emphasis o nthe Cambridge controversies.