Mime-Version: |
1.0 |
Sender: |
|
Subject: |
|
From: |
|
Date: |
Mon, 14 Dec 2009 13:42:41 -0500 |
Content-Type: |
text/plain; charset="us-ascii"; format=flowed |
Reply-To: |
|
Parts/Attachments: |
|
|
Dear colleagues,
This is my second Hayek-related query. It appeals in particular to
experts on the history of German-language economics. In "The Ricardo
Effect" (1942) Hayek has the following footnote on the "internal rate
of return":
"The term 'internal rate of return' is borrowed from Kenneth E.
Boulding, 'The Theory of a Single Investment', Quarterly Journal of
Economics, vol. 49, May 1935, pp. 478 et seq. Its German equivalent
(more precisely the term 'innerer Zinssatz') has been used earlier, I
believe, in discussions of the effects of credit rationing, but I
cannot now recollect when or by whom."
I have been at a loss identifying the source that Hayek could not
recollect. Therefore, I have also been unable to check if the term
"innerer Zinssatz" is correct, or perhaps only a typing error for the
more common "interner Zinssatz".
Once again, I will be most grateful for any help.
Hansjoerg Klausinger
|
|
|