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Expectations and the Meaning of Institutions: Essays in Economics

By: Don Lavoie; Ludwig Lachmann | Book details

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CONTENTS
Editor's notevii
Acknowledgementsviii
INTRODUCTION: EXPECTATIONS AND THE MEANING OF INSTITUTIONS
Don Lavoie1
Part IUncertainty, investment and economic crises
1 COMMODITY STOCKS AND EQUILIBRIUM [1936] 23
2 UNCERTAINTY AND LIQUIDITY-PREFERENCE [1937] 29
3 INVESTMENT AND COSTS OF PRODUCTION [1938] 42
4 COMMODITY STOCKS IN THE TRADE CYCLE [1938]
(with F. Snapper) 57
5 ON CRISIS AND ADJUSTMENT [1939] 76
Part IICapital and investment repercussions
6 ON THE MEASUREMENT OF CAPITAL [1941] 91
7 FINANCE CAPITALISM? [1944] 107
8 A NOTE ON THE ELASTICITY OF EXPECTATIONS [1945] 124
9 INVESTMENT REPERCUSSIONS [1948] 131

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