PREFACE 6
CONTENTS 10
PART I: MODEL 14
I. GOODS AND PROCESSES 16
NOTE TO CHAPTER I. The History of 'Austrian' theory 25
II. THE PROCESS AND ITS PROFILES 27
NOTE TO CHAPTER II. The Fundamental Theorem in continuous time 37
III. SOCIAL ACCOUNTING 40
NOTE TO CHAPTER III. The Social Accounting Equation in Continuous Time 48
IV. TECHNIQUE AND TECHNOLOGY 50
V. FULL PERFORMANCE AND FULL EMPLOYMENT 60
VI. STEADY STATES 76
PART II: TRAVERSE 92
VII. THE STANDARD CASE AND THE SIMPLE PROFILE 94
VIII. THE FIXWAGE PATH 102
IX. THE FULL EMPLOYMENT PATH 113
X. SUBSTITUTION 123
XI. SHORTENING AND LENGTHENING 138
XII. WAYS AHEAD 148
(a) More general profiles 148
(b) Minor switches 151
(c) Multiplicity of goods 156
(d) Multiplicity of factors 159
PART III: CONTROVERSY 162
XIII. THE MEASUREMENT OF CAPITAL\u2014VALUE AND VOLUME 164
NOTE TO CHAPTER XIII. Ex-post income 177
XIV. THE ACCUMULATION OF CAPITAL 180
XV. THE PRODUCTION FUNCTION 190
APPENDIX: THE MATHEMATICS OF TRAVERSE 198
INDEX 224
A 224
B 224
C 224
D 224
E 224
F 224
G 224
H 224
I 224
K 225
L 225
M 225
N 225
O 225
P 225
Q 225
R 225
S 225
T 225
V 226
W 226
Y 226