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Book Review: <i>Austrian Theory of Capital and Business Cycle</i> : <i>A Modern Approach</i>

Paul Cwik

The Quarterly Journal of Austrian Economics2026https://doi.org/10.35297/001c.154305article
AJG 1ABDC C
Weight
0.50

What the paper says

A Modern Approach, by Pavel Potuzak, is an interesting book and should be read by scholars in the Austrian tradition.I recommend it not because I agree with it but because I disagree with several of its assumptions and with its resulting analysis.Scholarly disagreements are necessary for scientific progress to be made, and I hope that these challenges will result in the further advancement of our discipline.

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https://doi.org/https://doi.org/10.35297/001c.154305

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@article{paul2026,
  title        = {{Book Review: <i>Austrian Theory of Capital and Business Cycle</i> : <i>A Modern Approach</i>}},
  author       = {Paul Cwik},
  journal      = {The Quarterly Journal of Austrian Economics},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.35297/001c.154305},
}

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.