Some economists and the financial press believe that the U.S. in the 1990s and Japan in the 1980s experienced economic growth driven by a positive productivity shock.

“Undiscountable Professor Kirzner, The”

Tags: Capital and Interest Theory

07/20/2005 Roger W. Garrison

Review Article: Essays on Capital and Interest. The Freeman, v

The Consumption of Capital in Austria

Tags: Business Cycles, Capital and Interest Theory, Booms and Busts

07/20/2005 Fritz Machlup

Machlup presents Austria as a case study in capital consumption and economic decline.

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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