Professor Knight and the ‘Period of Production’
From The Journal of Political Economy, Volume 43, Number 5, October 1935.
From The Journal of Political Economy, Volume 43, Number 5, October 1935.
This essay is based on a chapter of Democracy: The God That Failed.
Originally published as chapter 16 in An Austrian Perspective on the History of Economic Thought, Vol. I
Only in a model with multiple goods can one fully appreciate the "Austrian" approach to capital and interest theory.
Conceived in Liberty, Volume 1 (Mises Institute, 1999 [1975], pp. 174-181.
Abstract: The present paper attempts to explain some very serious fallacies contained in the idea of “circular flow of macroeconom
How can free market capitalism--the secret of Western success for 250 years--gain public insight of its inherent voluntary democracy and so w
This paper describes how the content of the objects of reality is shaped or unpacked and used in very different ways by Mainstream and Austrian methodologies.