The Austrian tradition began formally with Carl Menger's 1871 work Principles of Economics. But its roots stretch back to the late-scholastic period, when philosophers first began to think...
In Debt, Innovations, and Deflation, the authors analyze the deflation theories of Thorstein Veblen, Irving Fisher, Joseph A. Schumpeter, and Hyman Minsky. In so doing, they develop a paradigm for...