Reply To: The theory of capital…

#17111
jmherbener
Participant

Dorian,

The Pure Theory of Capital is notoriously difficult. I would recommend you read the sections on production in Murray Rothbards’s, Man, Economy, and State. The relevant chapters are 5-9.

http://library.mises.org/books/Murray%20N%20Rothbard/Man,%20Economy,%20and%20State,%20with%20Power%20and%20Market.pdf

Then tackle, Hayek’s, Prices and Production and Other Works, edited by Joe Salerno.

http://library.mises.org/books/Friedrich%20A%20Hayek/Prices%20and%20Production.pdf

Then give Pure Theory of Capital another try.

http://library.mises.org/books/Friedrich%20A%20Hayek/Pure%20Theory%20of%20Capital.pdf