Braun, Eduard - Institut für Wirtschaftswissenschaft, Technische … - 2013
This paper critiques Rothbard’s ([1962] 2004) concept of gross investment. Rothbard introduced the concept in order to … maintains, but the capitalists’ spending. In this paper, it is argued that, contrary to Rothbard’s opinion, the amount of gross … investment as he defines it does not contain significant information concerning the question as to whether the capital structure …