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Capital, accumulation, and money : an integration of capital, growth, and monetary theory

Title
Capital, accumulation, and money : an integration of capital, growth, and monetary theory / Lester D. Taylor.
Author
Taylor, Lester D.
Publication
New York ; London : Springer, 2010.

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TextUse in library JBE 12-591Schwarzman Building - General Research Room 315

Details

Description
xxvii, 278 p. : ill.; 25 cm.
Subjects
Bibliography (note)
  • Includes bibliographical references (p. 265-270) and index.
Contents
1 Premises and an Overview -- 2 Myros and Other Concepts and Definitions . -- 2.1 Myros -- 2.2 Myros Recovery Charges -- 2.3 Human and Nonhuman Capital -- 3 The Macroeconomic Framework -- 3.1 An Overview -- 3.2 Constraints (or 8220;Conservation Laws8221;) Imposed by the Pool of Fluid Capital -- 3.3 The Determination of Asset Values -- 3.4 Aggregate Demand and Supply -- 3.5 Macroeconomic Equilibrium -- 4 Interest and Money -- 4.1 Factors Making for the Existence of Interest -- 4.2 Determination of Money and Natural Rates of Interest -- 4.3 A World with Fiat Money -- 4.4 The Concept of Velocity and the Demand for Money -- 4.5 Power of the Monetary Authority -- 4.6 The Commercial Paper Market -- 4.7 Some Notes on Monetary Policy -- 5 Production and Investment . . -- 5.1 Capital and Production -- 5.2 From Production to Investment -- 5.3 Roles of the Money and Natural Rates of Interest -- 5.4 Financing of Investment: An Illustration -- 6 General Price Level and Inflation -- 6.1 Defining the General Price Level -- 6.2 Problems Arising from Excessive Monetization of Assets -- 6.3 The General Price Level and the Natural Rate of Interest -- 6.4 Equilibrium in the Natural and Money Rates of Interest -- 7 Capital Values, Wealth, and Related Topics -- 7.1 The Aggregate Wealth of an Economy -- 7.2 Money as Wealth and Real-Balance Effects -- 7.3 Some Implications of Old Masters as a Store of Value -- 7.4 Taxation of Capital Gains -- 7.5 Forced Saving and Investment -- 7.6 More on Excess Monetization of Assets -- 7.7 Loan Defaults and the Stock of Money -- 7.8 Crowding-Out -- 7.9 Burden of the National Debt -- 7.10 Ricardian Equivalence -- 7.11 Commodity Money -- 7.12 Fluid Capital and the Gold Standard -- 7.13 Demonetization and Monetization of Economies -- 7.14 Economic Growth with Deflation: The Period 1873- 1896 in the USA -- 8 Macroeconomic Equilibrium and Employment -- 9 Capital Theory in Perspective -- 9.1 Schumpeter -- 9.2 Keynes -- 9.3 Irving Fisher -- 9.4 Bohm-Bawerk -- 9.5 Jevons and Wicksell -- 9.6 Capital as Embedded (or Stored) Labor -- 9.7 Capital Theory as the Economics of Time -- 9.8 Capital Accounting -- 9.9 Capital and Nonrenewable Natural Resources -- 10 Opportunity and Sunk Costs -- 10.1 Opportunity Costs -- 10.2 The Measurement of Unit Incremental Cost -- 10.3 Sunk Costs -- 11 Trade, Transfers, and Monetary Overhangs -- 11.1 Trade and Exchange Rates -- 11.2 Monetary Overhangs and Capital Levies -- 11.3 Wealth Transfers and Monetary Overhangs: A Stylized Analysis -- 11.4 Policies for Eliminating a Monetary Overhang: The Case of German Reunification -- 11.5 The German Reunification: An Assessment -- 12 Questions Related to Consumption and Saving. -- 12.1 The Macroeconomics of Retirement Saving and Consumption . -- 12.2 Questions Related to Position Goods -- 12.3 Questions Related to Engel Curves and Income Elasticities -- 12.4 The Hierarchical Nature of the Pool of Fluid Capital -- 13 Questions Related to Economic Growth -- 13.1 The General Mechanics of Economic Growth -- 13.2 Some Basic Truths Concerning Economic Development -- 13.3 Keynes and Economic Bliss -- 13.4 The Endogenous Nature of Economic Growth -- 13.5 The Role of Technological Change -- 13.6 Investment in Research and Development -- 13.7 Economic Growth in Reverse: Large-Scale Disasters in Low-Income Economies.
Call Number
JBE 12-591
ISBN
  • 9780387981680 (hbk.)
  • 0387981683 (hbk.)
OCLC
428030003
Author
Taylor, Lester D.
Title
Capital, accumulation, and money : an integration of capital, growth, and monetary theory / Lester D. Taylor.
Imprint
New York ; London : Springer, 2010.
Edition
2nd ed.
Bibliography
Includes bibliographical references (p. 265-270) and index.
Publisher No.
12602513
Research Call Number
JBE 12-591
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