Addresses the theory of capital and interest of Eucken. Explains how Eucken works out the temporal aspects of the economic process in different monetary systems, market structures and economic systems. The theory is critically evaluated. Eucken made essential contributions to the theory of...

Gives an overview of the reception of Eucken’s work abroad and the influences on the thinking of Eucken from outside the German language area. Further, points to the contribution of Eucken to monetary and capital theory and the theory of the centrally administered economy, the significance of...

Gives an overview of the reception of Eucken’s work abroad and the influences on the thinking of Eucken from outside the German language area. Further, points to the contribution of Eucken to monetary and capital theory and the theory of the centrally administered economy, the significance of...

Addresses the theory of capital and interest of Eucken. Explains how Eucken works out the temporal aspects of the economic process in different monetary systems, market structures and economic systems. The theory is critically evaluated. Eucken made essential contributions to the theory of...

The focus of this paper is the economic theory of the plans for the European Monetary Union. Part 1 demonstrates that economists, bankers and policy makers know very little about monetary policy. Part 2 explains the errors of the common practice of defining money by its functions. Because any...

Reviews Milton and Rose D. Friedman’s, Two Lucky People: Memoirs, University of Chicago Press, Chicago, 1998, $35 (£24.95), ISBN 0‐226‐26414‐9. Focuses on how the memoirs illuminate the main contributions Friedman has made to political economy and the economics literature.

The thesis that the institutional arrangements, social organizations, and ideology in Eastern Europe are not conducive to the establishment of capitalism, and certainly not the laissez‐faire variety, with Poland cited as the illustrative case. Karl Polanyi′s necessary conditions for...

Argues that none of the basic problems in the science of economics and finance have been properly solved. Discusses the basic problems in theory and practice, in particular with the monetary system. Adds much to the teachings of Smith, Marx, Walras and Keynes and is even critical of Friedman....

Argues that the gold standard is the only monetary regime consistent with the philosophy of free enterprise and assesses the contributions of Friedman, Mundell and Hayek to monetary theory as supporters of the free market but opponents of the gold standard. Critically reviews the basic ideas of...

Streissler considers Roscher's theory of crisis to be highly original and important. Schumpeter, on the other hand, considers it only a rehash of the ideas of others. Examines this contradiction, beginning with a reflection on the essential elements of the debates on Keynes, Say's law and...