Quarterly Journal of Austrian Economics
Author:
Alexandru Pătruți
Online Publish Date:
[ Full issue of the Quarterly Journal of Austrian Economics 20, no. 4 (2017) ABSTRACT: Although Austrian literature does not usually dwell on this particular aspect, there are differences between the direct investment of savings and adding to one’s personal cash balance (hoarding). Following Bagus’s (2016) critic of my original article, the