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Philip Ruys

Works Published inQuarterly Journal of Austrian Economics

Philip Ruys is an independent researcher living in Utrecht, the Netherlands.

All Works

Quarterly Journal of Austrian Economics

A Development of the Theory of the Ricardo Effect

Business CyclesProduction Theory

04/02/2018Quarterly Journal of Austrian Economics
The author rebuilds the theory of the Ricardo Effect around the alternative theses that a decline of investment by both the machine producing industries and the raw materials industries leads to the “scarcity of capital.”
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