Capital and Time A Neo-Austrian Theory [Paperback]

In light of renewed interest in the Austrian theory of capital, Sir John Hicks offers a new approach that allows for a sequence of outputs in this reissue of his influential 1973 treatise.

In this book, John Hicks takes a flyer on Austrian capital theory. I think it is to be regarded as an experiment, not as any sort of commitment. The result, it goes without saying, is illuminating....The Hicksian combination of lucidity and depth is still in evidence. --Economic Journal