Re-switching, the average period of production and the Austrian business-cycle theory: A comment on Fratini
Abstract
In a recent contribution to this journal Saverio Fratini (Review of Austrian Economics, 2019) offers a critique of our work on Austrian Capital Theory on the grounds that our conception of capital and “roundaboutness” does not appear to provide adequate support for the Austrian business-cycle theory. In this comment we explain why we think this criticism is...
Paper Details
Title
Re-switching, the average period of production and the Austrian business-cycle theory: A comment on Fratini
Published Date
May 26, 2019
Volume
32
Issue
4
Pages
375 - 382
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