Roundaboutness is Not a Mysterious Concept: A Financial Application to Capital Theory
We apply the EVA terminology to the concepts of roundaboutness and average period of production in capital theory. By doing this we show that these terms have a clear and well understood financial interpretation. A financial application to capital theory helps to clarify obscure and controversial economic terms.
Year of publication: |
2014
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Authors: | Cachanosky, N. ; Lewin, P. |
Published in: |
Review of Political Economy. - Taylor & Francis Journals, ISSN 0953-8259. - Vol. 26.2014, 4, p. 648-665
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Publisher: |
Taylor & Francis Journals |
Saved in:
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