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First published 1978

Austrian Macroeconomics: A Diagrammatical Exposition

Austrian Macroeconomics: A Diagrammatical Exposition by Roger W. Garrison is available as a free PDF and EPUB download at freecapitalists.org.

Author
Roger W. Garrison
First published
1978
Format
PDF and EPUB
Pages
45
ISBN
9781610160070
Publisher
Institute for Humane Studies, Menlo Park
License
Published here by permission.

Austrian theory & method

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.

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.

Roger Garrison has expanded on these expositions over the years but this monograph is the core presentation that has influenced so many.

Questions

About this book and this copy

Is Austrian Macroeconomics: A Diagrammatical Exposition free to download?
Yes. The complete 45-page PDF and EPUB downloads directly from this page (2.9 MB). There is no signup, no account and no paywall.
How long is Austrian Macroeconomics: A Diagrammatical Exposition?
45 pages, 10 chapters, and about 10,327 words in the edition this archive serves.
Is Austrian Macroeconomics: A Diagrammatical Exposition in the public domain?
No. This edition is published here by permission and the work itself reserves all rights. It is free to read and download from this archive, but it is not public domain and not Creative Commons.
Who wrote Austrian Macroeconomics: A Diagrammatical Exposition?
Roger W. Garrison (1944–2026) was an American economist born in Joplin, Missouri, who worked as an Air Force officer and systems engineer before turning to economics, earning his Ph.D. at the University of Virginia in 1981 under Leland Yeager. This archive holds 12 of Garrison's works.

What's in it

6 chapters · 10,327 words · page numbers are this file's

  1. Introductionp. 4
  2. The Structure of Productionp. 6
  3. Intertemporal Exchangep. 12
  4. Investmentp. 16
  5. Monetary Disturbancesp. 25
  6. Further Studyp. 35
Portrait of Roger W. Garrison

About the author

Roger W. Garrison 1944–2026

Roger W. Garrison (1944–2026) was an American economist born in Joplin, Missouri, who worked as an Air Force officer and systems engineer before turning to economics, earning his Ph.D. Read more about Roger W. Garrison.

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