The Determinants of the Interest Rate and its Relation to Savings, Investment and Capital Formation
| dc.contributor.author | Cannon, Arthur M. | |
| dc.date.accessioned | 2019-07-10T18:59:13Z | |
| dc.date.available | 2019-07-10T18:59:13Z | |
| dc.date.issued | 1948-06 | |
| dc.description | 241 pages | en_US |
| dc.description.abstract | This is part of a projected larger study on Conflicts in Economic Thought. The present purpose is to set forth a disciplined approach to a particular controversy. That selected-- on capital and interest-- is one of many in economic theory in which exist historical and continuing disagreements event on basic concepts. I have gained the impression that current economic writing is much concerned with terminological disputes, with proving someone else wrong, with intensive refinement of small facets of theory, and with overconfident "proof" of hypotheses by somewhat dubious statistical measurements. It seems to me that some of this effort would be better applied to the development of a body of basic theory related to the real world. In the writings on capital and interest is found an abundance of these superficial and argumentative approaches. I propose instead what I call a "disciplined approach". This involves careful consideration and balancing of opposing theories, and a resort to facts and logic not to destroy but to test and synthesize. That is what I try to do herein. | en_US |
| dc.identifier.uri | https://hdl.handle.net/1794/24769 | |
| dc.language.iso | en | en_US |
| dc.rights | Creative Commons BY-NC-ND 4.0-US | en_US |
| dc.subject | Economic theory | en_US |
| dc.subject | Economics | en_US |
| dc.subject | Interest rates | en_US |
| dc.subject | Savings | en_US |
| dc.subject | Capital formation | en_US |
| dc.title | The Determinants of the Interest Rate and its Relation to Savings, Investment and Capital Formation | en_US |
| dc.type | Thesis / Dissertation | en_US |