Capital and Interest Theory

Hayek is seen as one of the main opponents of Keynes because of the debate about macroeconomics that they had in the early thirties. 

I would like to emphasize two implications of my argument.  First, the concept of secular growth as an uncaused phenomenon contradicts the Mengerian method of analyzing 

The present paper aims at showing that two particular types of arguments in favor of the pure time preference theory of interest (PTPTI) are mistaken. 

Ingo Pellengahr’s doctoral dissertation, The Austrian Subjectivist Theory of Interest, focuses on one small aspect of these ongoing debates.

Originary interest does not spring from the passing of time, but from the value relationship between means and ends.  the means of action are inherently less valuable than the ends they serve.  

Engelhardt’s analysis implicitly assumes away the presence of diminishing returns. Diminishing returns have long been at the heart of growth theory 

This paper represents the initial phase of a larger study which will present the outline of an analytical model of the structure and dynamics of th

This paper contends that Adam Smith meant what he said; human nature is ennobled by the cultivation of its lands, the advancement of its manufactur

The present article is a slightly expanded version of one of the critiques of Professor Laurence S.

Bankruptcy law is a system of interventionary legislation which interferes with the ability of individuals freely to establish the terms of loan co