Austrian Theory of Capital and Business Cycle
Austrian Theory of Capital and Business Cycle This book explores Austrian capital theory and Austrian business theory from the perspective of modern economics. In turn, the impact of monetary shocks…
Specifikacia Austrian Theory of Capital and Business Cycle
Austrian Theory of Capital and Business Cycle
This book explores Austrian capital theory and Austrian business theory from the perspective of modern economics. In turn, the impact of monetary shocks and boom-bust cycles is detailed, with a particular focus on the Ricardo Effect, dynamics of money supply, and the natural rate of interest. Sustainable change within the production structure is examined in relation to time preference, the Böhm-Bawerkian theory of capital and interest, and the Hayek Triangle.