Capital and Time: A Neo-Austrian Theory

By J. R. Hicks | Go to book overview

Index
Abortive substitutions (see re-switching)
Activity analysis 7-8 , 10n.
Beach, E. F. 120n.
Boaccacio 12-13
Böhm-Bawerk, E. von 6-10 , 12-13 , 126
Capital at cost (see capital-volume)
Capital goods 3 ; specific and nonspecific 11 ; interpreted as Equipment 177
Capital invested 23-4 , 30-4
Capital-output ratio 152
Capital-value profile 18 ; proper capital-value profile 22 ; value of capital as one sense of Real Capital 152 ; practical problem of valuation 154-6 ; a forward-looking concept 158 ; shareholder's valuation 162
Capital-volume, index-number difficulty 153-4 ; interpreted as capital at cost 159 , 168-76 ; increment in capital at cost not measured by saving 174-5
Clower, R. W. 51n.
Constant returns to scale, two senses of 27
Construction period 15 ; effect of increasing labour input over 137
Convergence (see steady state)
Cost and output-capacity 93 , 192
Depreciation 85
Discrepancy 30 , 32-5 , 169-71
Dismal path 148
Early and Late Phases, defined 83 ; redefined 90 , 186-7
Efficiency curve 39 ; efficiency curve of technology 40 , 120 ; double role in steady-state theory 65 ; restricted efficiency curve 66-8 ; efficiency equation as cost equation 85-7
Elasticity of substitution 180 ; of complementarity 180-1
Equipment 177 ; old and new equipment 180 ; new equipment unsuitable as independent variable 182
Ex-ante and ex-post 14 ; ex-post income 164-6
Fixwage theory, defined 48 ; justified 49 ; further justifications, 122 , 126 , 130-2 , 167
Forward and backward biases, general definition 77 ; in terms of sectoral cost-ratios 85-6 ; strong biases 86-88 ; effect of strong bias, in fixwage theory 94 ; in full employment theory 106 , 113-15
Fresh processes 91 , 103 , 127
Friedman, M. 57 , 182n.
Full Employment theory, defined 48 ; need for assumption about expectations 55-6
Full Performance, introduced 52 ; defined 54 ; distinguished from Full Employment 55 ; appearance in Mill 59
Fundamental Theorem 19-21 , 24-6
'Golden Age' 95
'Golden Rule' 70-2
Gross concepts, belong to Simple Profile 91n. ; gross rate of interest 85 , 188 ; gross rate of growth 188
h (sectoral cost-ratio) defined 85
Harrod, R. F. 52 ; Harrod-neutrality 74-6 , 182-4
Hayek, F. A. 7 , 133 , 148
Historical cost 34
Horizontal and vertical complementarity 4
Index of Improvement, defined 75 ; in Standard Case 85 , 189 , 195-6
Interest 16 ; interest multiplier 20 ; real rate of interest 38 ; rate of interest not price of a 'factor' 39n.
Internal rate of return 22
Inventions, autonomous and induced 118-22 ; re-defined 121 ; 'Harrod' and 'Hicks' definitions of neutral invention 182-4

-211-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Capital and Time: A Neo-Austrian Theory
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen
/ 213

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.