Time, space and capital
In this challenging book, the authors demonstrate that economists tend to misunderstand capital. Frank Knight was an exception, as he argued that because all resources are more or less durable and have uncertain future uses they can consequently be classed as capital. Thus, capital rather than labor...
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| Format: | eBook |
| Language: | English |
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Northampton, MA
Edward Elgar Publishing Limited
2017, 2017
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| Series: | New horizons in institutional and evolutionary economics series
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| Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
Table of Contents:
- 1. Time and space ;an introduction
- 2. Time and capital in economic doctrines
- 3. Space in economic analysis ; from discrete to two-dimensional
- Continuous theory
- 4. Dynamic theories and models ; problems and creative potential
- 5. Time in the microeconomics of consumption
- 6. Durability, duration of production, growth, and location
- 7. Expectations, capital, and entrepreneurship
- 8. A general theory of infrastructure and economic development
- 9. The role of the transport infrastructure in the first logistical revolution
- 10. Institutional infrastructure and economic games
- 11. Real estate capital
- 12. Re-conceptualizing social capital
- 13. Creative knowledge capital
- 14. Looking ahead
- Index