Structure of Production

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    Dr. Herbener, would you say Mark Skousen’s “The Structure of Production” is a proper advancement of Rothbards production theory in MES?


    Rothbard’s treatment of production in MES is more advanced than Skousen’s. But Skousen wasn’t trying to advance production theory in his book, he was trying to provide an exposition of “capital based macroeconomic theory” as Roger Garrison would phrase it. Garrison had the same project in his book, Time and Money.

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