Prices and Production

additional money amount of intermediate amount of money assumption cause circulating medium concept consequence consumption currency demand for consumers demand for producers different stages doctrine duction economic equilibrium economists Edinburgh Review effect entrepreneurs equilibrium rate exchanged against money explanation fact factors of production firm fluctuations Hayek higher stages income increase of money increase of production increase or decrease influence of money intermediate products Irving Fisher last lecture LIONEL ROBBINS lower stages means of production methods of production monetary influences monetary theory money in circulation money payments money rate necessary original means output of consumers period price level price margins prices of consumers problem process of production Professor Mises profitable quantity of money rate of interest relative prices RICHARD CANTILLON rise of prices saving stages of production structure of production successive stages sumers tion transition unused resources value of money velocity of circulation volume of production Wicksell