OK - I should have another post on the capital structure itself as I finish the lecture. So far, this has been a very confusing presentation. I think there are much better modern renditions of ABCT than this (I would say the same for Keynes, btw - he has some great insights in the General Theory, but his exposition of the mechanics of the theory itself are not as good or clear as later revisions). Obviously I'd point readers to Garrison because I'm the most familiar with him - but aside from that I think he is widely recognized as being one of the best expositors of ABCT. His approach is not without problems, but I think it's tighter than Prices and Production so far. However - we are still near the beginning!