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"THE FUNDAMENTAL DISTINCTION AMONG CAPITAL GOODS IS BETWEEN THOSE WHICH SATISFY PRESENT AND FUTURE WANTS JOINTLY, AND THOSE WHICH DERIVE THE WHOLE OF THEIR VALUE FROM… THE SATISFACTION OF FUTURE WANTS"

HICKS, John R. Capital and Time. Oxford, England, 1973.

First edition of this Keynes-influenced work about the effect of time on capital. $400.

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