Production Theory

Displaying 131 - 140 of 737
David Howden

The most substantial difference between our views comes from Braun’s treatment of the relationship between opportunity cost and choice.

Eduard Braun

My need to comment on Dr. Howden’s review has to do with the fact that he misrepresents my position on a point that is central in my book.

 

G. P. Manish

Economic growth is about transforming capital in useful ways. It is not about just making more stuff.

Ludwig von Mises

The paradox of "planning" is that it cannot plan, because of the absence of economic calculation.

Patrick Newman

This paper analyzes a recently reconstructed proto-chapter of Rothbard’s Man, Economy, and State tentatively titled “Chapter 5: Producer’s Activity.” In it, Rothbard used many concepts of standard neoclassical microeconomic analysis that he would later criticize, such as perfectly competitive markets and the isolated firm.

Matthew McCaffrey

Nell says that Austrians are too often motivated—and constrained—by the search for free-market conclusions, leading them to neglect both the problems of unregulated markets and the promise of alternative forms of organization.

Mateusz Machaj

This paper argues that it may be misleading to search for a direct causal effect of interest rates on the length of production because another, related factor affects it more directly. We name this factor intertemporal labor intensity...

Mises Institute

There were many state and local elections in the US this week, but few of them will result in anything that will combat widely held and popular errors about central banking, drug prohibition, and the global environment.

Patrick Barron

Without markets, there is no way to manage scarce resources, and this includes natural resources like forests. Only markets can provide the sort of balanced long-term planning necessary to both utilize and preserve natural resources.