Mike Van Winkle and Prof. Paul Cwik discuss whether Austrian Economics and Macroeconomics are contradictory concepts. Cwik explains the significance of the Austrians’ recognition of the non-neutrality of money and the heterogeneity of capital. He also explains how subjectivism informs the Austrian approach to large scale economic phenomena.
Monday, July 27, 2009
Episode 5: Austrian Macroeconomics
Republish This Article
This work is licensed under a Creative Commons Attribution 4.0 International License, except for material where copyright is reserved by a party other than FEE.
Please do not edit the piece, ensure that you attribute the author and mention that this article was originally published on FEE.org