Since I am well aware of the current areas of disagreement between employers and the professional associations on the question of the extended educational year (48 weeks) I should like to introduce the discussion of a related procedure for improving the efficiency of colleges which simply...

This book, first published in 1973, takes up an important approach to capital which had gone out of fashion. It is being reissued in paperback in recognition of the recent renewed interest in this approach. The 'Austrian' theory of capital concentrates on the inputs and outputs in the productive...