- Home
- Books
- Instruction & Study
- Theory
- Capital & Production (Large Print Edition)
Capital & Production (Large Print Edition)
Availability: In stock
Regular Price
AED 55.56
Special Price
AED 52.78
LARGE PRINT EDITION! More at LargePrintLiberty.com Richard Ritter von Strigl (1891-1942) was one of the most brilliant Austrian economists of the interwar period. As a professor at the University of Vienna he had a decisive influence on Hayek, Machlup, Haberler, Morgenstern, and other fourth-generation Austrian economists.Very few classic works on capital and business cycles in the Austrian tradition have been translated from the original German. Strigl's important contribution to Austrian capital theory is brought to the English-speaking world for the first time. The book links Eugen von Bhm-Bawerk's production theory and Mises's business-cycle theory, and gives a pathbreaking account of the role of consumers' goods within the structure of production.Translated by Hans-Hermann Hoppe, with an extended introduction by Jrg Guido Hlsmann, Capital and Production is the essential foundation - both in theory and in the history of thought - to Austrian macroeconomics.As positive theory, this book is unusually lucid. He patiently lays out the entire theory of capital and production, long before getting to applications in the area of business-cycle theory. He establishes without question that time and production plans play the critical role in the formation of the capital sector. We find in here the foundation of what later came to be called Hayekian triangles. We even find a thorough discussion of the impossibility of central monetary planning by the Federal Reserve - it has no way to meet changes in demand with rational plans.In general, Strigl's theory and explication offer a level of clarity and plainness of expression that some find missing in later works by, for example, F.A. Hayek.
Publisher Name | Createspace Independent Publishing Platform |
---|---|
Author Name | Hagendorf, Col |
Format | Audio |
Bisac Subject Major | BUS |
Language | NG |
Isbn 10 | 1479321699 |
Isbn 13 | 9781479321698 |
Target Age Group | min:NA, max:NA |
Dimensions | 01.10" H x 20.08" L x 50.00" W |
Page Count | 204 |
Write Your Own Review
Recommended Products
IMMORTALS OF MELUHA- Amish
he Immortals of Meluha is the first book of Amish Tripathi, first book of Amishverse, and also the...
AED 35.00