Fritz Machlup

Fritz Machlup (1902–1983) was an Austrian-American economist. He was one of the first economists to examine knowledge as an economic resource.

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Fritz Machlup
Economist Fritz Machlup was an early Misesian who wrote this book as an early study in the workings of the business cycle. In particular, he investigates and explains the relationship between expanding credit, monetary policy, and rising stock prices