Value and Capital
Book description
Why read it?
1 author picked Value and Capital as one of their favorite books. Why do they recommend it?
Hicks envisaged an economy in which individuals choose to offer labour for income to purchase products of their effort or to spend time in uncompensated leisure.
His is a theorical economy: individuals and firms interact to determine current and future supplies and demands. It establishes the laws governing the price system regulating exchange and production.
In this world of transparent, free movement of goods and resources without government, regulations, banks, and unions, there is no room for monopolies or capital accumulation.
Money as intermediary is simply a unit of account. Growth is the outcome of needs, efforts, and mutual cooperation.…
From Omar's list on theoretical reads about money, credit, and debt.
Want books like Value and Capital?
Our community of 10,000+ authors has personally recommended 100 books like Value and Capital.
Browse books like Value and Capital
5 book lists we think you will like!
Interested in economics, microeconomics, and the economy?
10,000+ authors have recommended their favorite books and what they love about them. Browse their picks for the best books about economics, microeconomics, and the economy.