Purpose– The purpose of this paper is to clarify definitions in economics. Design/methodology/approach– To apply the insights of Austrian economics to terms widely used in the profession. Findings– The authors find that the Austrian approach brings clarification to communication. Originality/value– The authors know of no other such attempt. Therefore this paper presumably has some originality.
Journal of Economic and Administrative Sciences – Emerald Publishing
Published: May 16, 2016
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