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The Accumulation of Capital

by Joan Robinson. 440 pgs.

Contributors:

   Joan Robinson

Publisher:

   Macmillan Company

Place of Publication:

  London  

Publication Year:

  1965

Subjects:

Saving And Investment

	CONTENTS
	PREFACE	V
	BOOK I
	Chapter 1. THE CLASSES OF INCOME	3
2.	THE MEANING OF WEALTH	15
3.	THE MEANING OF MONEY	25
4.	CAPITAL AND INCOME	33
5.	CONSUMPTION AND INVESTMENT	41
6.	THE MEANING OF EQUILIBRIUM	57
	BOOK II
	Chapter 7. A SIMPLE MODEL	63
	Section I -- Accumulation with One Technique
8.	ACCUMULATION WITH CONSTANT TECHNIQUE	73
9.	TECHNICAL PROGRESS	85
	Section II -- The Technical Frontier
10.	THE SPECTRUM OF TECHNIQUES	101
11.	THE EVALUATION OF CAPITAL	114
12.	THE TECHNICAL FRONTIER IN A GOLDEN AGE	124
13.	PRODUCTIVITY AND THE REAL CAPITAL RATIO	132
	15. A SURPLUS OF LABOUR	153
	Section III -- Accumulation and Technical Progress
16.	ACCUMULATION WITH NEUTRAL TECHNICAL PROGRESS	159
17.	ACCUMULATION WITH BIASED PROGRESS	164
18.	SYNOPSIS OF THE THEORY OF ACCUMULATION IN THE LONG RUN	173
	BOOK III
	Chapter 19. PRICES AND PROFITS	179
20.	WAGES AND PRICES	193
21.	FLUCTUATIONS IN THE RATE OF INVESTMENT	198
22.	CYCLES AND TRENDS	213
	BOOK IV
	Chapter 23. MONEY AND FINANCE	225
	24. THE RATES OF INTEREST	237
	BOOK V
	Chapter 25. CONSUMPTION OF PROFITS	247
26.	CONSUMPTION AND ACCUMULATION IN THE LONG RUN	255
27.	RENTIERS AND THE TRADE CYCLE	264
28.	RENTIERS AND FINANCE	274
	Chapter 29. LAND AND LABOUR PAGE	283
30.	FACTOR RATIOS AND TECHNIQUES.	298
	A DIGRESSION	307
	Chapter 31. LAND AND ACCUMULATION	313
32.	LAND, LABOUR AND ACCUMULATION	329
33.	INCREASING AND DIMINISHING RETURNS	336
	BOOK VII RELATIVE PRICES
	Chapter 34. SUPPLY AND DEMAND	351
	BOOK VIII INTERNATIONAL TRADE
	Chapter 35. EXTERNAL INVESTMENT	367
	36. INTERNATIONAL INVESTMENT	372
	CONCLUSION	386
	NOTES ON VARIOUS TOPICS
	Welfare Economics	389
	The Neo-Classical Theory of Wages and Profits	390
	Income from Property as the Reward of Waiting	393
	Wicksell on Capital	396
	The Natural Rate of Interest	397
	Savings and Investment	400
	The Supply of Loanable Funds	402
	The Quantity Theory of Money	403
	Mr. Harrod's Dynamics	404
	Innovations under Monopoly and Competition	407
	DIAGRAMS PAGE	411
	THE VALUE OF INVESTED CAPITAL By D. G. Champernowne and R. F. Kahn	429
	INDEX	437

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