Time, space and capital
Author(s)
Bibliographic Information
Time, space and capital
(New horizons in institutional and evolutionary economics)
Edward Elgar, c2017
- : cased
Available at 1 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references (p. 277-296) and indexes
Description and Table of Contents
Description
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 is a crucial book for spatial and institutional economists and anyone working outside the neoclassical mainstream. Academics and students of economic history, urban and regional planning, and economic sociology will also find it an illuminating and accessible exploration of time, space and capital
Table of Contents
Contents: 1. Time and Space-An Introduction 2. Time and Capital in Economic Doctrines 3. Space in Economic Analysis-From Discrete to Two-dimensional Continuous Theory 4. Dynamic Theories and Models-Problems and Creative Potential 5. Time in the Microeconomics of Consumption 6. Durability, Duration of Production, Growth, and Location 7. Expectations, Capital, and Entrepreneurship 8. A General Theory of Infrastructure and Economic Development 9. The Role of the Transport Infrastructure in the First Logistical Revolution 10. Institutional Infrastructure and Economic Games 11. Real Estate Capital 12. Re-conceptualizing Social Capital 13. Creative Knowledge Capital 14. Looking Ahead Index
by "Nielsen BookData"