A Capital-Based Theory of Secular Growth: Reply to Engelhardt

Andrew Young

A Capital-Based Theory of Secular Growth: Reply to Engelhardt

Free Market Institute

Research output: Contribution to journal › Article

Abstract

I respond to Engelhard's (2009, QJAE) criticism of by (2009) article. I demonstrate that, contrary to Engelhardt's claims, non-depreciating capital is not sufficient for secular growth.

Original language	English
Pages (from-to)	63-67
Journal	Quarterly Journal of Austrian Economics
State	Published - Aug 2009

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Young, A. (2009). A Capital-Based Theory of Secular Growth: Reply to Engelhardt. Quarterly Journal of Austrian Economics, 63-67.

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