Karlheinz Muhr Library

The Complete “Austrian School of Economics” Collection


© 2026 Karlheinz Muhr Library·Conceptualized, designed & built bykrin.ai↗
Karlheinz Muhr Library
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The archive.

3,801 works, 471 books, 3,267 articles, 60 other works, 3 awaiting classification, 150 years of economic thought. Each one summarized and searchable, with cited passages inside.

▾··Arranged by ,
1–1 of 1 matches · 3,801 works total (471 books, 3,267 articles, 60 other works, 3 awaiting classification)Page 1 of 1; every summary opens into its work.
  1. 1967
    General Report on the Economics of the Peaceful Uses of Underground Nuclear Explosions

    General Report on the Economics of the Peaceful Uses of Underground Nuclear Explosions

    Oskar Morgenstern and Klaus-Peter Heiss · 29 sections

    Cheap explosive energy is not the same as useful industrial work: this distinction anchors Oskar Morgenstern and Klaus-Peter Heiss’s 1967 assessment of peaceful underground nuclear explosions. Prepared for the U.S. Atomic Energy Commission, the report argues for experimental development while making commercial promise depend on unresolved recovery processes, contamination risks, and safety constraints. Its distinctive economic perspective emerges where apparent savings become misleading: cheaper copper extraction may leave too much valuable metal underground, and larger excavation blasts may face tighter safety limits. Equally revealing is its case for public research funding when experimental knowledge benefits firms that cannot individually justify paying for it. The reader encounters technological advocacy tested—though not always restrained—by calculations of uncertainty, foregone opportunities, and costs beyond the explosion itself.