A Harvard Economist Tests Austrian Capital Theory

Bob sits down with Harvard Economics Professor Pol Antràs to discuss his new paper applying Böhm-Bawerk's average period of production to international trade, testing whether countries with lower interest rates tend to export goods requiring longer, more roundabout production processes. Related: Professor Antràs' Paper, "An ‘Austrian’ Model of International Specialization": https://Mises.org/HAP554a Bob's Article, "The Reswitching Question": https://Mises.org/HAP554b Celebrate Murray Rothbard’s 100th birthday with a free copy of Keynes the Man during our June giveaway. Get yours at https://Mises.org/HAPodFree Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics at https://Mises.org​​. X ► https://x.com/mises/ Facebook ►   / mises.institute   Instagram ►   / misesinstitute   SoundCloud ►   / misesmedia   Apple Podcasts ► https://podcasts.apple.com/us/artist/... Rumble ► https://rumble.com/c/c-2212754 Odysee ► https://odysee.com/@mises/ Podcasts ► https://mises.org/podcasts