This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the

In recent years, there have been a number of new developments in what came to be known as the "Capital Theory Debates". The debates took place mainly during the

This book proposes a “representational” theory of capital according to which there is a relation between capital goods in the real side of the economy and i

F. A. Hayek’s long-overlooked volume, was his most detailed work in economic theory. Originally published in 1941 when fashionable economic thought had shifte

Capital theory and dynamics are cornerstones for almost every branch of economics. Except in a fictional world where the economies of yesterday, today, and tomo