Edward W. Fuller

Works Published inQuarterly Journal of Austrian Economics

Contact Edward W. Fuller

Edward W. Fuller, MBA, is a research consultant at SIG.

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The Quarterly Journal of Austrian Economics

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The Marginal Efficiency of Capital: Rejoinder

Capital and Interest Theory

04/30/2015Quarterly Journal of Austrian EconomicsEdward W. Fuller

This is a rejoinder to “The Marginal Efficiency of Capital: Comment” by Lucas M. Engelhardt. Engelhardt incorrectly ranks investment projects by Present Value instead of Net Present Value...

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QJAE_18_no. 1_Spring 2015 Fuller Marginal Efficiency of Capital Rejoinder.pdf

PDF (190.69 KB)

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Garrison on Keynes

Calculation and Knowledge

04/30/2015Quarterly Journal of Austrian EconomicsEdward W. Fuller

Garrison has given economists a useful way to illustrate Keynes’s theory, but there are two fundamental problems with Garrison’s interpretation...

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QJAE_18_no. 1_Spring 2015 Fuller Garrison on Keynes.pdf

PDF (340.47 KB)

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The Marginal Efficiency of Capital

Capital and Interest Theory

08/21/2014Quarterly Journal of Austrian EconomicsEdward W. Fuller

The purpose of this paper is to explain the marginal efficiency of capital. The net present value diagram is derived and used to illustrate how the interest rate regulates the intertemporal allocation of resources.

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