Money, Prices, and Capital: An Austrian Approach to Macroeconomics
Volume 9, No. 4 (Winter 2006)
Mainstream macroeconomists may—and do—disagree with such an assessment, but Austrian macroeconomists rightly consider the Misesian/Hayekian1 theory of the business cycle to be one of the signal achievements of the entire Austrian School of thought.
Interest has a title role in many pre-Keynesian writings as it does in Keynes’s own General Theory of Employment, Interest, and Money (1936). Eugen Böhm-Bawerk’s Capital and Interest (1889), Knut Wicksell’s Interest and Prices (1898), and Gustav Cassel’s The Nature and Necessity of Interest (1903) readily come to mind. The essays in F.A.
Volume 9, No. 4 (Winter 2006)
Volume 10, No. 1 (Spring 2007)
Volume 10, No. 1 (Spring 2007)
Volume 10, No. 1 (Spring 2007)