Quarterly Journal of Austrian Economics
Author:
Robert P. Murphy
Online Publish Date:
[ Full Issue of the Quarterly Journal of Austrian Economics 20, no. 4 (2017)] ABSTRACT : Roger Garrison (2001) employs the concept of “secular growth” in which a one-shot (but permanent) fall in time preferences can yield a long the well-known results of the Solow model concerning savings rates and economic growth, it is still the case that mainstream economists would side with