Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and q-Ratios

Michael Perelman

ሜይ 1989 · Springer

ስለዚህ ኢ-መጽሐፍ

This book integrates Keynes' observations about the q-theory into a coherent theory of replacement investment. It demonstrates why, in the absence of a significant post-war depression, business was relieved of the need to replace obsolete capital goods, leading to a period of prolonged stagnation.