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Austrian Theory of Capital and Business Cycle

Name: Austrian Theory of Capital and Business Cycle
Brand: Springer International Publishing AG
SKU: 41527090
Price: 56.08 EUR
Availability: InStock

Pavel Potuzak

Langue

Anglais

Livre Livre relié

Code Libristo: 41527090

Éditeurs Springer International Publishing AG, novembre 2021

This book explores Austrian capital theory and Austrian business theory from the perspective of mode... Description détaillée

Code Libristo: 41527090

133 b

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This book explores Austrian capital theory and Austrian business theory from the perspective of modern economics. Sustainable change within the production structure is examined in relation to time preference, the Böhm-Bawerkian theory of capital and interest, and the Hayek Triangle. In turn, the impact of monetary shocks and boom-bust cycles is detailed, with a particular focus on the Ricardo Effect, dynamics of money supply, and the natural rate of interest.