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Date:
Fri Mar 31 17:18:42 2006
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From:
[log in to unmask] (Ross B. Emmett)
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A student has inquired whether the letter K was first used to represent 
Capital in the production function because a) C was already used for 
consumption; or b) in German, capital starts with a K (as in *Das 
Kapital*). 
 
I know that the Cobb-Douglas Production function was first introduced using 
C for capital and L for labor. So the student's question got me wondering 
when the tradition of using K began. 
 
Ross B. Emmett 
 
 

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