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

Research output: Contribution to journalArticle

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 languageEnglish
Pages (from-to)63-67
JournalQuarterly Journal of Austrian Economics
StatePublished - Aug 2009

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