Capital, Interest, and Waiting

Discover the groundbreaking insights of Leland B. Yeager in his compelling work, Capital, Interest, and Waiting, published by Springer International Publishing AG in 2024. This hardback edition spans 367 pages and delves into the often-overlooked concept of waiting as a crucial factor of production. While prominent economists such as Nassau Senior, Eugene von Böhm-Bawerk, Gustav Cassel, and Irving Fisher have touched upon this idea, Yeager takes a comprehensive approach to explore its full implications. This book is essential for anyone interested in the intersections of economics, capital, and the intricate dynamics of interest. Enhance your understanding of economic theory and the significance of waiting in production with this insightful read.