Capital and Its Structure (Studies in economic theory)

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9780836207408: Capital and Its Structure (Studies in economic theory)

Ludwig Lachmann set out in 1956 to correct the problem that the economics profession had no coherent and working understanding of capital — a concept so integral to economic science, and yet not explored at length since the takeover of macroeconomics by Keynesian theory.

In Capital and Its Structure, Lachmann presents a robust theory of capital that incorporates an Austrian School understanding of the business cycle and the market process. It remains a seminal study written while Lachmann was at the height of his intellectual powers.

To search for Mises Institute titles, enter a keyword and LvMI (short for Ludwig von Mises Institute); e.g., Depression LvMI

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About the Author:

E. N. Anderson is Professor of Anthropology at the University of California, Riverside. His previous books include The Food of China and Ecologies of the Heart: Emotion, Belief, and the Environment.

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Lachmann, Ludwig M.
Published by New York University Press (1981)
ISBN 10: 0836207408 ISBN 13: 9780836207408
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Ludwig M. Lachmann
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