The Hayekian-Garrisonian Triangle

To: Professor Block I am an economics student with an interest in Austrian economics and I have a few questions about the structure of production (Hayek triangle). In the model there are 5 broad categories for the stages of production 1. mining/resources 2. refining 3. manufacturing 4. distribution 5. retail. I was wondering when there is more saving/capital goods and thus a lengthening of the production structure and increase in number of stages does this all occur in the first category of mining/resources? Or can it occur in other categories (i.e refining and manufacturing) alone or together with mining/resources? If … Continue reading The Hayekian-Garrisonian Triangle