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Paperback The Rate Of Interest And The Optimum Propensity To Consume (1938) Book

ISBN: 1169829023

ISBN13: 9781169829022

The Rate Of Interest And The Optimum Propensity To Consume (1938)

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Format: Paperback

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Book Overview

The Rate of Interest and the Optimum Propensity to Consume is a book written by Oscar Lange in 1938. The book discusses the relationship between the rate of interest and the optimal level of consumption in a capitalist economy. Lange argues that the rate of interest plays a critical role in determining the level of investment and consumption in an economy. He suggests that the optimal level of consumption can be achieved by adjusting the rate of interest...

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