How Long to Read Introduction to Modern Austrian Capital Theory

How Long Does it Take to Read Introduction to Modern Austrian Capital Theory?

It takes the average reader 3 hours and 21 minutes to read Introduction to Modern Austrian Capital Theory by Malte Faber

Assuming a reading speed of 250 words per minute. Learn more

Description

During the fifties and the sixties the neoclassical concept of the production function was criticized in numerous papers. In particular, the aggregation of different capital goods into a single number was reprehended. A second essential disadvantage, namely the neglect of the time structure of the production process, found, however, rela tively little attention. While up to the thirties the Austrian capital theory which stressed the time aspect of production was an important school, it fell into oblivion after the great capital controversies of the thirties. It took over thirty years, i. e. till the beginning of the seventies be fore it came to a renaissance of the Austrian capital theory by var ious writers. We may roughly classify the different attempts of Hits rebirth in modern economics" into three groups: 1. The approach of ~ [1970, 1973, 1973a] has received most of the attention in the literature (Burmeister [1974], Faber [1975], Fehl [1975], ~[1975], Hagemann and ~ [1976]). It will be shown in Chapter 9 that ~ is only in so far a Neo-Austrian as he does explicitly take into consideration the vertical time structure of the production process. But he does not use the Austrian concepts of superiority of roundabout methods, of time preference and of the period of production. 2. The latter concept has been revived by the second group, to which Tintner [1970], von Weizs~cker [1971a, 1971b, 1974], ~ [1971, 1976 and ~ [1973, 1975, 1976] belong.

How long is Introduction to Modern Austrian Capital Theory?

Introduction to Modern Austrian Capital Theory by Malte Faber is 201 pages long, and a total of 50,451 words.

This makes it 68% the length of the average book. It also has 62% more words than the average book.

How Long Does it Take to Read Introduction to Modern Austrian Capital Theory Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 35 minutes to read Introduction to Modern Austrian Capital Theory aloud.

What Reading Level is Introduction to Modern Austrian Capital Theory?

Introduction to Modern Austrian Capital Theory is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Introduction to Modern Austrian Capital Theory?

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