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.
The standard explanation for the snail-like pace of the recovery from the Great Depression was first proposed by E.
(1995) Marshall Studies Bulletin 5: 41-50.
[This article is copyright © 2006, by George Reisman. It originally appeared in Human Events in February of 1961 under the title “Galbraith’s Modern Brand of Feudalism” and was soon thereafter reprinted as a pamphlet under its present title.]
Thanks to George Reisman for sharing this interesting letter with the Institute.
From the Cato Journal, Vol. 19, No. 2, 1999.
From The Review of Austrian Economics Vol. 9, No. 2 1996.
From the Cato Journal, Vol. 19, No, 2, 1999.