Austrian Capital Theory

https://www.youtube-nocookie.com/embed/8GM2TxLMg0I

See also:

The Theory of Interest


Further reading:

Principles of Economics by Carl Menger (Chapter 1)

The Structure of Production by Mark Skousen

Man, Economy, and State by Murray N. Rothbard (Chapters 5–9) + Study Guide

Critical Reflections on Rothbard’s Concept of Gross Investment by Eduard Braun

Money, Bank Credit, and Economic Cycles by Jesús Huerta de Soto (Chapters 5–7)

Time and Money: The Macroeconomics of Capital Structure by Roger W. Garrison

Prices and Production and Other Works by F. A. Hayek

The Pure Theory of Capital by F. A. Hayek


Austrian Capital Theory: A Modern Survey of the Essentials by Peter Lewin & Nicolás Cachanosky

Capital and Finance: Theory and History by Peter Lewin & Nicolás Cachanosky

Capital theory and the theory of the firm by Nicolás Cachanosky & Peter Lewin

Capital in Disequilibrium: The Role of Capital in a Changing World by Peter Lewin

Capital and Its Structure by Ludwig M. Lachmann

Money, Interest, and the Structure of Production: Resolving Some Puzzles in the Theory of Capital by Mateusz Machaj

The Reswitching Question by Robert P. Murphy

Reflections on Reswitching and Roundaboutness by Roger W. Garrison

The Macroeconomic Models of the Austrian School: A History and Comparative Analysis by Renaud Fillieule

Capital, Interest, and Waiting: Controversies, Puzzles, and New Additions to Capital Theory by Leland B. Yeager & Steve H. Hanke


Capital and Time: A Neo-Austrian Theory by John R. Hicks

Synthesizing the Neo-Austrian and Alternative Approaches to Capital Theory: A Survey by Edwin Burmeister

Capital Theory And Dynamics by Edwin Burmeister

A Retrospective View of Hicks’ 'Capital and Time: A Neo-Austrian Theory' by Edwin Burmeister (Chapter 2 in Capital, Time and Transitional Dynamics)

A reformulation of the Austrian theory of capital and its application to the debate on reswitching and related paradoxa by Gerhard O. Orosel

Introduction to Modern Austrian Capital Theory by Malte Faber

Review of Faber by Roger W. Garrison

Faber's modern Austrian capital theory: A critical survey by Gerhard O. Orosel

Modern Austrian capital theory and Orosel's standard neoclassical analysis: A reply by Malte Faber

Faber's capital theory: A rejoinder by Gerhard O. Orosel

Studies in Austrian Capital Theory, Investment, and Time edited by Malte Faber

Period of production by Gerhard O. Orosel

F. A. Hayek's "Prices and Production" Re-Analyzed by Jobst Thalenhorst and Alois Wenig

"Hayek Re-Analyzed": A Note by Hansjörg Klausinger


A Graphical Exposition of Böhm-Bawerk's Interest Theory by Robert Dorfman

Waiting and the Period of Production by Robert Dorfman

Waiting and the Period of Production: Comment by Egon Neuberger

A Note on the Böhm-Bawerk/Wicksell Theory of Interest by Jack Hirshleifer

Of Time: Austrian Capital Theory by Robert E. Kuenne (Part III in General Equilibrium Economics: Space, Time and Money)

Recursive utility, increasing impatience and capital deepening: F.A. Hayek's ‘utility analysis and interest’ by Arash Molavi Vasséi (adapted from Part 2 of his doctoral dissertation)


An "Austrian" Model of International Trade and Interest Rate Equalization by Ronald Findlay

An ‘Austrian’ Model of Global Value Chains by Pol Antràs

Interest Rates and World Trade: An “Austrian” Perspective by Pol Antràs

Measuring the Average Period of Production by Pol Antràs & Vitalii Tubdenov