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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Steady State Capital Theory

Steady State Capital Theory

Weizsäcker, C. C. V.

Paperback

Series: Lecture Notes in Economic and Mathematical Systems, Book 54

Economics

ISBN10: 3540055827
ISBN13: 9783540055822
Publisher: Springer
Published: Jan 5 1971
Pages: 104
Weight: 0.46
Height: 0.23 Width: 7.00 Depth: 10.00
Language: English
The following lecture notes were written shortly after I gave a course on capital theory in the winter-semester 1970/71 at the Univer- sity of Heidelberg. While the general line of the argument is similar to the one in the course, I have modified and added a large number' of specific points in the process of writing the English version. I should like to emphasize the narrow limitations of the material covered in these notes. I have completely concentrated on steady states of stationary and exponentially growing economies, even up to the point where there is the danger of misleading the reader1 I have done this for several reasons. Other activities have not left me with a sufficient amount of time to be able to find the unifying principle of analysis and mode of presentation for the dynamic aspects of capi- tal theory which would have made it worthwhile to add a sizeable book to the large body of literature in this field. On the other hand over the last couple of years I have become increasingly aware that some of the results in steady state capital theory (which could be derived without too much mathematical effort) are of relevance in present day dis- cussions about the political role of economic theory and the relative merits of orthodox and radical economics. Also these results seemed not to be known by' mO$ of the participants in these discussions.

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