Title: 
Austrian Macroeconomics: A Diagrammatical Exposition
Author: 
Roger W. Garrison
Updated: 
1/17/2012 6:14:15 PM
Publication Info:
Institute for Humane Studies, Menlo Park, 1978
Description: 
<p>When Murray Rothbard laid eyes on this classic monograph, he cheered. Here we have a graphical presentation that explains the Austrian view of macroeconomics in contrast to the simple and even simple-minded approach of the Keynesian aggregates. </p>
<p>The value here is to highlight the distinct emphasis of the Austrian School: time matters, capital is heterogeneous, interest is not arbitrary, investment reflects human volition, production plans adapt to prevailing prices, and many more points that are completely lost on the flattened-out world generated by Keynesian mythology. </p>

<p>Roger Garrison has expanded on these expositions over the years but this monograph is the core presentation that has influenced so many.</p>
ISBN #:
9781610160070
Source:
Online Books
Time(s):

Original URL:
http://mises.org/document/5057/Austrian-Macroeconomics-A-Diagrammatical-Exposition
Mises Store:
http://mises.org/store/product.aspx?ProductId=10426