Quarterly Journal of Austrian Economics
Author:
Nicolás Cachanosky
Online Publish Date:
no. 4 (2017)] ABSTRACT : I comment on the controversy around Garrison’s secular growth, with special emphasis on Murphy’s contribution in this issue. I also argue of secular growth. In Murphy’s treatment, secular growth is a short-run (in the economic sense) phenomenon even if it is a long-term period on the eyes of economic