A macroeconomia baseada na estrutura do capital

Abstract

This monograph aims to present the contributions of the Austrian School of Economics (AS) to the field of Macroeconomics, dealing with the recent work of the Professor from Auburn University (USA) Roger Garrison. The author harmonizes capital theory elements and feature of AS with the traditional elements of mainstream macroeconomics. Through Garrison’s work, it is possible to understand how economic cycles occur in the view of economists like Hayek and Mises, in the perspective of the conventional macroeconomics methodology. Therefore, this work discusses the main ideas raised by the author as an alternative to the understanding of macroeconomic dynamics.