The Social Consequences of Zero Interest Rates
As Japan has shown, ultralow interest rates can greatly affect a society that was once impressively focused on innovation and investment.
Capital and Interest Theory
Displaying 81 - 90 of 751
How the Left Exploits Antiracism to Attack Capitalism
The forces of anticapitalism have long latched on to whatever best suits them for pushing their agenda. Whatever the latest injustice may be—from a polluted environment to poverty to racism—the solution is always the end of capitalism.
The Social Consequences of Zero Interest Rates
As Japan has shown, ultralow interest rates can greatly affect a society that was once impressively focused on innovation and investment.
The Wealth Effect and the Law of Demand: A Comment on Karl-Friedrich Israel
Addressing a problem that Karl-Friedrich Israel perceived in Salerno's chapter "The 'Income Effect' in Causal-Realist Price Theory," Salerno contends that Israel's resolution implies a denial of the law of demand.
Remembering Ulrich Fehl, German Economist and Prominent Scholar with a Deep Knowledge of Austrian Economics
Ulrich Fehl, professor emeritus at Marburg University, passed away November 9, 2019. Prof. Fehl is remembered in this tribute by his student, Peter Engelhard
An Overlooked Scenario of “Reswitching” in the Austrian Structure of Production
Reswitching indicates that the average production period is not necessarily a decreasing function of the interest rate. Granot's generic model of the structure of production shows behavior resembling reswitching.
Remembering Ulrich Fehl, German Economist and Prominent Scholar with a Deep Knowledge of Austrian Economics
Ulrich Fehl, professor emeritus at Marburg University, passed away November 9, 2019. Prof. Fehl is remembered in this tribute by his student, Peter Engelhard
Rothbard on Why We Need Entrepreneurs
Capitalists and entrepreneurs serve distinct functions in the real economy. Capitalists save money that then maintains production processes until final goods are produced. Entrepreneurs adjust the capital structure in light of uncertainty to produce the most desired goods. Capitalists are rewarded with interest, entrepreneurs with profit.
