2,793 works, 150 years of economic thought. Each one summarized and searchable, with cited passages inside.
Austrian imputation theory and the Anglo-American theory of cost and returns had grown apart; Strigl's 1936 offprint sets out to build a common foundation for both, citing Bohm-Bawerk and Wieser alongside Sraffa, Chamberlin, and Joan Robinson. From the single assumption of indefinitely divisible factors he derives diminishing returns not as a technical necessity but as a consequence of economic selection among possible combinations, then reproduces the Wicksteed proof that marginal products exhaust the total product. The heart of the essay is the Quantenfaktor, the indivisible factor — above all durable fixed capital — whose original outlay is a merely historical cost, irrelevant to its present value, which residual imputation must nonetheless recover if the good is to be reproduced. From here he reaches free competition, monopolistic competition, and the problem of chronic excess capacity.
Es kann sich der Betrieb niemals in jenem Zustand befinden, in welchem eine Ausdehnung der Produktion zu geringeren Stückkosten führt.
English translation: “The firm can never find itself in a state in which an expansion of production would lead to lower unit costs.”
Meant to arm the reader against vulgar economic slogans and the reflexes of interest-group politics, this 1937 textbook compresses the secured foundations of economics into a single systematic course. Strigl begins from the free-market price as a selective mechanism, builds through diminishing returns, the Malthusian population law and its qualification by capital and technical progress, and marginal productivity as the key to wages and distribution. Capital enters as roundabout production and a subsistence fund, interest as the marginal product of capital-time. The later chapters carry the apparatus into money and the gold standard, the credit-driven boom and its Harvard-barometer crisis, tax shifting, comparative costs and the case against protection, and finally the socialist calculation problem. Throughout he insists that economics studies the consequences of measures and must never prescribe political ends.
Eine Darstellung wirtschaftlicher Zusammenhänge muß sich gegenüber allen Fragen der Politik neutral verhalten.
English translation: “A presentation of economic relationships must remain neutral with respect to all questions of policy.”
For the fiftieth-anniversary volume of the Revue d'Economie Politique, Strigl described how economics was actually taught in the universities of his own Vienna — here in the French translation prepared for that Paris series. Long a marginal subject lodged within the law faculties and pushed late in the curriculum, economics had, he explains, been reduced for many students to an examination hurdle despite teaching of the first rank in the Austrian School tradition. He works through the old regulations, the 1935 reform that lengthened legal study and introduced early exercises in basic economic concepts, and the little-used Staatswissenschaft doctorate, before turning to the technical schools and the Austrian Institute for Business Cycle Research. His closing claim is plain: the worldwide reputation of the Austrian School is itself the best evidence for the quality of that teaching.
Pendant longtemps, l'enseignement économique, rattaché exclusivement aux facultés de droit, n'occupait, dans les programmes d'enseignement juridique, qu'une place peu saillante.
English translation: “For a long time, economic instruction, attached exclusively to the faculties of law, occupied only a minor place in the programs of legal education.”
Rarely taken seriously in Germany and often dismissed for its ties to monetary crisis theory, the Wicksellian process — the claim that an interest rate departing from equilibrium sets off a cumulative movement in prices, investment, and the structure of production — receives here a searching capital-theoretic defense. Writing in 1942 for Kiel's Weltwirtschaftliches Archiv and taking Erik Lindahl's Studies as his occasion, Strigl runs the process through four models and reaches a single stubborn conclusion: new capital requires a restriction of consumption before, during, or after investment, even where productive capacity sits idle. He rejects the old quantity theory's view of money as a mere price multiplier, and faults Lindahl for treating the necessary saving as an automatic by-product of the process rather than its precondition.
Eine spezifische Selektionsfunktion des Kapitalzinses besteht nun in der Begrenzung der Produktionsumwege.
English translation: “A specific selective function of interest on capital consists in limiting the roundaboutness of production.”