Nová kniha: Austrian Theory of Capital and Business Cycle A Modern Approach – Pavel Potužák

Bibliographic Information

• Book Title Austrian Theory of Capital and Business Cycle
• Book Subtitle A Modern Approach
• AuthorsPavel Potuzak
• DOI https://doi.org/10.1007/978-3-031-18728-5
• Publisher Palgrave Macmillan Cham
• eBook Packages Economics and Finance, Economics and Finance (R0)
• Copyright InformationThe Author(s), under exclusive license to Springer Nature Switzerland AG 2022
• Hardcover ISBN 978-3-031-18727-8Published: 13 December 2022
• eBook ISBN 978-3-031-18728-5Published: 12 December 2022
• Edition Number1
• Number of Pages XIII, 151
• Number of Illustrations 60 b/w illustrations
• Topics History of Economic Thought and Methodology, Political Economy and Economic Systems, Economic Policy

About this book

This book explores Austrian capital theory and Austrian business theory from the perspective of modern economics. Sustainable change within the production structure is examined in relation to time preference, the Böhm-Bawerkian theory of capital and interest, and the Hayek Triangle. In turn, the impact of monetary shocks and boom-bust cycles is detailed, with a particular focus on the Ricardo Effect, dynamics of money supply, and the natural rate of interest.

This book aims to present a new framework for Austrian economics that will make these ideas applicable to both mainstream economic models and modern economists. It will be relevant to students and researchers interested in the history of economic thought and the political economy.

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