Information and Investment: A Study in the Working of the Competitive Economy

Information and Investment: A Study in the Working of the Competitive Economy

This book, first published in 1960 and now updated, offers a theoretical examination of the effects on investment of uncertainty resulting from inadequate information. The author investigates the limitations of the theory of distribution, and the misrepresentations which have been the result of too great a dependence upon the classical mode of competitive equilibrium.

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