Quarterly Journal of Austrian Economics
Author:
Karl-Friedrich Israel
Online Publish Date:
The Economic Theory of Costs: Foundations and New Directions Matthew McCaffrey, Ed. Karl-Friedrich Israel (KF_Israel@gmx.de) is lecturer at the Department of Law and Economics at the University of Angers, France. Quarterly Journal of Austrian perfectly clear, but surely both, if successful, create value and thus economic growth. So does the reduction of waste. At one point, the distinction is made more