The Pure Theory of Capital by Friedrich A. Hayek
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The complete text of The Pure Theory of Capital by Friedrich A. Hayek is free to read here, split into 35 chapters totalling 153,491 words.
Start reading: Analytical Table of Contents
Chapters
- Analytical Table of Contents5,094 words
- I. The Scope of the Inquiry3,446 words
- II. Equilibrium Analysis and the Capital Problem5,669 words
- III. The Significance of Analysis in Real Terms3,980 words
- IV. The Relation of this Study to the Current Theories of Capital3,428 words
- V. The Nature of the Capital Problem5,705 words
- VI. The Duration of the Process of Production and the Durability of Goods: Some Definitions7,289 words
- VII. Capital and the "Subsistence Fund"332 words
- VIII. The Output Function and the Input Function5,220 words
- IX. The Continuous Process of Production4,256 words
- X. The Position of Durable Goods in the Investment Structure4,570 words
- XI. The Productivity of Investment5,474 words
- XII. Planning for a Constant Output Stream5,669 words
- XIII. Compound Interest and the Instantaneous Rate of Interest2,805 words
- XIV. The Marginal Productivity of Investment and the Rate of Interest4,723 words
- XV. Input, Output, and the Stock of Capital in Value Terms2,937 words
- XVI. The Marginal Value Product of Investment: The Problem of Attribution (Imputation)3,609 words
- XVII. Time Preference and its Effects with Constant Returns on Investment4,724 words
- XVIII. Time Preference and Productivity: Their Relative Importance5,746 words
- XIX. The General Conditions of Equilibrium7,108 words
- XX. The Accumulation of Capital5,652 words
- XXI. The Effect of the Accumulation of Capital on the Quantities Produced and on Relative Prices of Different Commodities3,059 words
- XXII. The Adjustment of the Capital Structure to Foreseen Changes4,399 words
- XXIII. The Effects of Unforeseen Changes and in Particular of Inventions5,874 words
- XXIV. The Mobility of Capital2,138 words
- XXV. "Saving", "Investment", and the "Consumption of Capital"6,178 words
- XXVI. Factors Affecting the Rate of Interest in the Short Run5,252 words
- XXVII. Long-Run Forces Affecting the Rate of Interest10,890 words
- XXVIII. Differences Between Interest Rates: Conclusions and Outlook5,110 words
- APPENDIX I. Time Preference and Productivity3,788 words
- APPENDIX II. The "Conversion of Circulating Capital into Fixed Captial"3,290 words
- APPENDIX III. "Demand for Commodities is not Demand for Labour" versus The Doctrine of "Derived Demand"2,887 words
- Bibliography3,000 words
- Index of Definitions of Some Technical Terms126 words
- About this edition64 words
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