IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-031-17414-8_20.html
   My bibliography  Save this book chapter

Dynamic Efficiency, Economic Development, and the Ethics of Property

In: The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume I

Author

Listed:
  • Shawn Ritenour

    (Grove City College)

Abstract

It is sometimes said that with respect to macroeconomics, Austrian economists have a theory of the business cycle, but no theory of development. This claim is severely unfounded. A robust theory of dynamic efficiency which brings together the theory of exchange, the law of association, capital theory, and entrepreneurial activity provides a general theory of economic progress. It is a distinctly causal-realist theory, and hence, is helpful in explaining the true nature and process of economic expansion and development. It further helps in understanding the full importance of institutions and ethics as they relate to economic prosperity.

Suggested Citation

  • Shawn Ritenour, 2023. "Dynamic Efficiency, Economic Development, and the Ethics of Property," Springer Books, in: David Howden & Philipp Bagus (ed.), The Emergence of a Tradition: Essays in Honor of Jesús Huerta de Soto, Volume I, pages 237-252, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-17414-8_20
    DOI: 10.1007/978-3-031-17414-8_20
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-031-17414-8_20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.