Austrian Theory of Capital and Business Cycle: A Modern Approach

By Pavel Potuzak

1. Introduction.- 2. The Austrian Theory of Capital.- 3. The B?hm-Bawerkian Theory of Capital and Interest.- 4. The Hayek Triangle.- 5. Impact of the Decrease in Time Preference on the Structure of Production.- 6. Possibility of Eternal Growth and Comparison with the Neoclassical Growth Model.- 7. The Austrian Business Cycle Theory.- 8. Exogenous Shock to the Money Supply and the Business Cycle.- 9. The Ricardo Effect.- 10. Dynamics of the Money Supply.- 11. Technological Shock and the Endogenous Response of the Money Supply.- 12. The Natural Rate of Interest and the Natural Output.- 13.Conclusions.

• Format: Hardcover
• Language: English
• ISBN: 303118727X
• ISBN13: 9783031187278
• Release Date: December 2022
• Publisher: Palgrave MacMillan
• Length: 151 Pages
• Weight: 0.78 lbs.
• Dimensions: 0.4" x 5.8" x 8.3"