Weitere Kapitel dieses Buchs durch Wischen aufrufen
As we have seen, decisions to save out of current income are additions to the pool of fluid capital, while decisions to consume or invest in produced means of production are subtractions. The economic drivers in an economy have been seen as owners/operators of productive capacity deciding how much of that capacity to utilize, entrepreneurs deciding how much to invest in new capacity, and households deciding how much of their income to consume. In general, this book has not been about the motivations that cause these decisions to occur, but rather about the implications of the decisions for changes in the pool of fluid capital and attendant effects upon interest rates and the general price level.
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Hirsch, F. (1976), Social Limits to Growth, Twentieth Century Fund, Harvard University Press, Cambridge.
Scitovsky, T. (1976), The Joyless Economy, Oxford University Press, Oxford.
Stigler, G.J. and Becker, G.S. (1977), “De Gustibus Non Est Disputandum,” American Economic Review, Vol. 67, No. 2, pp. 76–90.
Taylor, L.D. (1987), “Opponent Processes and the Dynamics of Consumption,” in Economic Psychology: Intersections in Theory and Application, ed. by A.J. MacFadyen and H.W. MacFadyen, North Holland Publishing Co, Amsterdam.
Taylor, L.D. (1988), “A Model of Consumption Based on Psychological Opponent Processes,” in Psychological Foundations of Economic Behavior, ed. by P. Albanese, Praeger, New York.
Thurow, L.C. (1999), Building Wealth: The New Rules for Individuals, Companies, and Nations in a Knowledge-Based Economy, Harper-Collins, New York.
- Questions Related to Consumption and Saving
Lester D. Taylor
- Springer US
- Chapter 12
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