Capital and Interest Theory

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Austrian Macroeconomics

Austrian Macroeconomics

Online Course
Taught by Dr. Joseph T. Salerno, this course builds upon the basic analytic principles of Austrian economics, including basic supply and demand analysis and the theories of entrepreneurship and factor pricing, to present the fundamentals of Austrian macroeconomics.

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Capital, Interest, and Rent: Essays in the Theory of Distribution

Capital and Interest Theory

03/27/2017Austrian Economics Newsletter
The modern reader can learn a great deal of the history of modern economics from this volume and be engaged in by a master.

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The Interest Rate and the Length of Production: A Comment

Capital and Interest TheoryProduction Theory

02/28/2017Quarterly Journal of Austrian Economics
Quarterly Journal of Austrian Economics 19, no. 4 (Winter 2016) ABSTRACT: Machaj (2015) does a great service in pointing out a key assumption, heretofore unaddressed, in Filleule (2007) and Hülsmann (2010). Machaj errs, however, in stating that who saves will have an ambiguous effect on the...

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Wages and Capital

Capital and Interest Theory

05/20/2016Online Texts
An examination of the Wages Fund Doctrine.

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Review of Finance Behind the Veil of Money: An Essay on the Economics of Capital, Interest, and the Financial Market by Eduard Braun

Money and BanksCapital and Interest TheoryMonetary TheoryMoney and Banking

03/22/2016Quarterly Journal of Austrian Economics
The reader should trudge his way through this book for two reasons. First is the explanation for why the purchasing power of money must be defined in terms of consumers’ goods prices, not capital goods. Second, and more importantly, Braun resurrects the subsistence fund doctrine, an integral...

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The Austrian Business Cycle Theory: A Defense of Its General Validity

Business CyclesCapital and Interest TheoryInterventionism

03/22/2016Quarterly Journal of Austrian Economics
The paper aims to defend the general validity of the ABCT against the assumption that the theory does not hold if entrepreneurs are able to anticipate correctly the inflationary effects of a fiduciary credit expansion.

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