Knowledge that Transforms

I. Statement of the problem, 232. — II. The evidence from some previous studies, 233. — III. The “.6 factor” rule and its application, 234. — IV. Specific evidence in a selection of metal processing and chemical industries, 236. — V. Studies of selected mineral industries, 239. — VI. Conclusions, 242.

Introduction, 292. — I. Shortages and price rises, 293. — II. Empirical evidence of a shortage in the engineer-scientist market, 296. — III. The process of adjustment in the market, 297. — IV. A model of dynamic shortages and price rises, 299. — V. Dynamic shortage in the engineer-scientist market, 302. — VI. Alternate definitions of a shortage, 305. — VII. Conclusion, 307.

I. The payments mechanism for a single state, 619. — II. Importance of large holdings of generalized claims and an integrated capital market, 626. — III. Implications of this analysis for a group of nations, 629.

Introduction, 596. — Innovation and technological change, 597. — Invention and innovation, 599. — Summary and conclusions, 605.

I. Introduction, 116. — II. Cost and uncertain demand, 117. — III. Alternative specifications, 118. — IV. Single period horizon: equilibrium conditions, 119. — V. The fundamental theorem, 122. — VI. Example: constant marginal cost, linear riskless demand, and rectangular distribution, 124. — VII. Rising marginal cost, 126. — VIII. Falling marginal cost, 127. — IX. Multi-period horizon, 128.— X. Conclusion, 129.

I. Introduction, 554. — II. Friedman's main thesis evaluated, 556. — III. Other aspects of Friedman's argument considered, 564. — IV. Conclusion, 570.