Product Information
LARGE PRINT EDITION! More at LargePrintLiberty.com Richard Ritter von Strigl (1891-1942) was one of the most brilliant Austrian ecomists of the interwar period. As a professor at the University of Vienna he had a decisive influence on Hayek, Machlup, Haberler, Morgenstern, and other fourth-generation Austrian ecomists. Very few classic works on capital and business cycles in the Austrian tradition have been translated from the original German. Strigl's important contribution to Austrian capital theory is brought to the English-speaking world for the first time. The book links Eugen von Bohm-Bawerk's production theory and Mises's business-cycle theory, and gives a pathbreaking account of the role of consumers' goods within the structure of production. Translated by Hans-Hermann Hoppe, with an extended introduction by Jorg Guido Hulsmann, Capital and Production is the essential foundation - both in theory and in the history of thought - to Austrian macroecomics. As positive theory, this book is unusually lucid. He patiently lays out the entire theory of capital and production, long before getting to applications in the area of business-cycle theory. He establishes without question that time and production plans play the critical role in the formation of the capital sector. We find in here the foundation of what later came to be called Hayekian triangles. We even find a thorough discussion of the impossibility of central monetary planning by the Federal Reserve - it has way to meet changes in demand with rational plans. In general, Strigl's theory and explication offer a level of clarity and plainness of expression that some find missing in later works by, for example, F.A. Hayek.Product Identifiers
PublisherCreateSpace
ISBN-101479321699
ISBN-139781479321698
eBay Product ID (ePID)189374052
Product Key Features
Book TitleCapital and Production
Number of Pages202 Pages
LanguageEnglish
Publication Year2000
FeaturesLarge Type
GenreBusiness & Economics
TypeTextbook
AuthorRichard Von Strigl
FormatTrade Paperback (Us) ,Unsewn / Adhesive Bound, Paperback / Softback
Dimensions
Item Height0.5 in
Item Weight21.2 Oz
Item Length11 in
Item Width8.5 in
Additional Product Features
Date of Publication01/01/2000
SubjectEconomics: Professional & General
Intended AudienceTrade
Spine11mm
Translated byHans-Hermann Hoppe,Margaret Rudelich Hoppe
Country of PublicationUnited States
Content NoteBlack & White Illustrations
Edition StatementLarge Type Edition