The archive.

Fritz Machlup, Börsenkredit, Industriekredit und Kapitalbildung (1931) Machlup’s monograph addresses the interwar charge that stock-exchange credit drains resources from industry, raises the cost of industrial borrowing,...

Friedrich Machlup, Die Goldkernwährung (1925) Machlup’s treatise is a deliberately analytical account of a monetary form rather than a plea for its adoption...

Fritz Machlup’s “Professor Knight and the ‘Period of Production’” is a single-author theoretical article in capital theory and business-cycle theory. Its polemical target is Frank H...

Fritz Machlup, “The Commonsense of the Elasticity of Substitution” (1935) Machlup’s essay is a single-author theoretical article and methodological clarification...

Fritz Machlup, “Why Bother with Methodology?” (1936) Fritz Machlup’s 1936 Economica article is a brief single-author methodological note in economic theory, written after debates over Lionel Robbins’s definition of econo...

Fritz Machlup, “On the Meaning of the Marginal Product” (1937) Machlup’s essay is a theoretical clarification of marginal productivity analysis. It does not deny the usefulness of the concept of marginal product...

Fritz Machlup, “Period Analysis and Multiplier Theory” (1939) Machlup’s essay is a theoretical intervention into Keynes-Kahn multiplier analysis, written to show that the multiplier cannot be treated as a timeless relati...

Fritz Machlup’s 1943 article is a conceptual survey of “forced saving,” a term that had migrated through monetary theory, cycle theory, development economics, war finance, fiscal policy, socialism, rationing, and corpora...

Fritz Machlup, “Marginal Analysis and Empirical Research” (1946) Machlup’s essay is a defense of marginal analysis against empirical critics who claimed that actual business behavior refuted it...

Fritz Machlup, “The Basing-point System” (1949) Machlup’s essay treats the basing-point system not as a harmless freight convention but as a pricing institution that turns geography into administered uniformity...

Fritz Machlup, “Schumpeter’s Economic Methodology” (1951) Machlup’s article reconstructs Schumpeter’s methodological position across four decades...

Fritz Machlup, “Relative Prices and Aggregate Spending in the Analysis of Devaluation” (1955) This single-author journal article is a methodological critique of devaluation theory...