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Time, Space and Capital PDF
By:Åke E. Andersson,David Emanuel Andersson
Published on 2017-07-28 by Edward Elgar Publishing

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In this challenging book, the authors demonstrate that economists tend to misunderstand capital. Frank Knight was an exception, as he argued that because all resources are more or less durable and have uncertain future uses they can consequently be classed as capital. Thus, capital rather than labor is the real source of creativity, innovation, and accumulation. But capital is also a phenomenon in time and in space. Offering a new and path-breaking theory, they show how durable capital with large spatial domains — infrastructural capital such as institutions, public knowledge, and networks — can help explain the long-term development of cities and nations.

This Book was ranked at 5 by Google Books for keyword Knowledge Capital.

Book ID of Time, Space and Capital's Books is 9l4sDwAAQBAJ, Book which was written byÅke E. Andersson,David Emanuel Anderssonhave ETAG "waJaogsWuco"

Book which was published by Edward Elgar Publishing since 2017-07-28 have ISBNs, ISBN 13 Code is 9781783470884 and ISBN 10 Code is 1783470887

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