Episode Details
Back to EpisodesA Harvard Economist Tests Austrian Capital Theory
Episode 554
Published 1 week ago
Description
Bob sits down with Harvard Economics Professor Pol Antràs to discuss his new paper applying Böhm-Bawerk's average period of production to international trade, testing whether countries with lower interest rates tend to export goods requiring longer, more roundabout production processes.
Related:
- Professor Antràs' Paper, "An ‘Austrian’ Model of International Specialization": Mises.org/HAP554a
- Bob's Article, "The Reswitching Question": Mises.org/HAP554b