Who Is Eugen von Böhm-Bawerk?
A member of the “second generation of the Austrian school of economics,” Eugen von Böhm-Bawerk (1851–1914) and his works are discussed by Peter Klein.
Capital and Interest Theory
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"Price Stability" Is a Trick — It Actually Ruins Wealth
The Fed's policy of price stability, as in the 1920s, may catch economists again unaware of the damage inflicted by this policy.
New-Product Research and Development: The Earliest Stage of the Capital Structure
Deepening the understanding of the capital structure by unpacking the process that coordinates capital within the new-product R&D stage of the capital structure is the purpose of this paper.
Our Obsession with Consumption — while Ignoring Saving and Investment — Is a Big Problem
Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.
Is There a Difference Between Economic Power and Political Power?
Critics of capitalism are often confused by the difference between political and economic power.
Why the Cleveland Browns Need More than Draft Capital to Be Successful
The Cleveland Browns enter this year's NFL draft with a tremendous capital advantage to other teams. That's not enough to guarantee their success.
