Quarterly Journal of Austrian Economics
The Two Contributions of Garrison's Time and Money
Volume 4, No. 3 (Fall 2001)
Garrison's Time and Money picks up where Hayek left off, developing a macroeconomic model based on Austrian capital theory that provides significant insights into macroeconomic phenomena. My title here is slightly misleading: how does one count contributions? In one sense, Garrisons's Time and Money makes more than two contributions, but in another way, maybe the whole book should just count as one contribution. The two contributions referred to in the title here are the book's contributions to macroeconomics and to Austrian economics, which are sufficiently distinct that they can be counted separately.
Cite This Article
Holcombe, Randall G. "The Two Contributions of Garrison's Time and Money." The Quarterly Journal of Austrian Economics 4, No. 3 (Fall 2001): 45-50.