Capital and Production
Richard von Strigl
Mises Institute
Richard Ritter von Strigl (1891-1942) was one of the most  brilliant Austrian economists of the interwar period. As professor at  the University of Vienna he had a decisive influence on Hayek,  Machlup, Haberler, Morgenstern, and other fourth-generation Austrian  economists.    <P>Very few classic works on capital and business cycles in the Austrian  tradition have been translated from the original German. Now Strigl's  important contribution to Austrian capital theory is brought to the  English-speaking world for the first time. The book links Eugen von  Böhm-Bawerk's production theory and Mises's business cycle theory, and  gives a pathbreaking account of the role of consumers' goods within  the structure of production.    <P>Translated by Hans-Hermann Hoppe, with an extended introduction by  Jörg Guido Hülsmann,  Capital and Production  is the essential  foundation, both in theory and in the history of thought, to Austrian  macroeconomics.