The concept of economic calculation is vitally important to understanding our modern economy, yet few people— and especially economists—comprehend that it even exists.
Florian Follert
Florian Follertis a professor of business economics at Seeburg Castle University in Austria.
Latest work
While most mainstream economists focus on the analysis of equilibria, Austrian economists examine the phenomena that are crucial in real-world markets operating in disequilibrium. Two of the most...
Quarterly Journal of Austrian Economics
Florian Follert
Jeffrey M. Herbener
Michael Olbrich
David J. Rapp
ABSTRACT: In the division of labor, economizing valuations require an appraisement of the structure of market prices of goods beforehand. Yet, investment decisions concerning the purchase of an entire...