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- Title
REPLY TO DR. HOWDEN ON OPPORTUNITY COSTS.
- Authors
BRAUN, EDUARD
- Abstract
The author shares his response of the comment on his book titled "Finance Behind the Veil of Money: An Essay on the Economics of Capital, Interest, and the Financial Market." He discusses his main argument on the concept of opportunity costs and argues that it does not depend on his approach to the cost problem. The author also explains why he considered it important to abandon the opportunity cost concept in the analysis of human action in the passing of time.
- Subjects
FINANCE Behind the Veil of Money: An Essay on the Economics of Capital, Interest &; the Financial Market (Book); ECONOMIC systems; CAPITALISM; SOCIAL systems; FINANCIAL markets
- Publication
Quarterly Journal of Austrian Economics, 2016, Vol 19, Issue 2, p173
- ISSN
1098-3708
- Publication type
Article