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with regard first to the theory of capital and then to the theory of entrepreneurship. Part I focuses on the elements of … continuity between the classical and the Austrian theory of capital. These elements have been singled out by dealing first with … the distinction between individual and national capital; and then with the difference between the resulting circulating …
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In a recent contribution to this journal Severino Fratini (2019) offers a critique of our work on Austrian Capital … Theory on the grounds that our conception of capital and “roundaboutness”. In this comment we explain why we think this …
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Austrian theory of capital and its consequences on equilibrium analysis. Design/methodology/approach - The author approaches … - The integration of capital theory into a business cycle theory by the Austrians and its shortcomings - e.g. criticized by … developments, such as the construction of the post-Keynesian models of growth and distribution, the Cambridge capital controversy …
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