The Austrian Theory of the Trade Cycle
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Booms and busts are not endemic to the free market, argues the Austrian theory of the business cycle; they come about through manipulation of money and credit by central banks.In The Austrian Theory of the Trade Cycle and Other Essays, Austrian giants — Mises, Rothbard, Haberler, and Hayek — explain and defend this theory against Keynesianism and other alternatives. Roger Garrison's new introduction masterfully places the Austrian theory in its context and traces its intellectual development in the hands of these four essayists. If you seek to understand the vicissitudes of the market at the hands of politicized puppet masters, read this monograph to acquaint yourself with the Austrian cure and its classic champions.
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The Austrian Theory: A Summary
Thu, Jul 17, 2008
The Austrian Theory: A Summary Roger W. Garrison The Austrian Theory of the Trade Cycle
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Can We Still Avoid Inflation?
Thu, Jul 17, 2008
Can We Still Avoid Inflation? Friedrich A. Hayek The Austrian Theory of the Trade Cycle
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Economic Depressions: Their Cause and Cure
Wed, Jul 16, 2008
Need a short monograph on Austrian business cycle theory? This is the one to get.
Murray Rothbard was the master of reducing complicated theories to their very essence while retaining theoretical rigor, and this essay is a case in point. It was written in 1969 and published in the form of a tiny book that achieved a huge circulation. It has not been in print since that time, but it is now back in this new release.
It is thrilling how Rothbard is able to present the theory in an easy-to-digest format.
Its continued relevance speaks to an aspect of the Austrian theory that other theories can't boast. It is a real theory that applies across time and place, and its persuasive power is not contingent on the particulars of any individual boom bust cycle.
You will not only learn from this 50-page book; it is the perfect item to pass on to others who are wondering about the economic crisis of 2008 and following.
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Money and the Business Cycle
Mon, Jul 14, 2008
Money and the Business Cycle Gottfried Haberler The Austrian Theory of the Trade Cycle
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The "Austrian" Theory of the Trade Cycle
Mon, Jul 14, 2008
The "Austrian" Theory of the Trade Cycle Ludwig von Mises The Austrian Theory of the Trade Cycle
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The Austrian Theory in Perspective
Mon, Jul 14, 2008
The Austrian Theory in Perspective Roger W. Garrison The Austrian Theory of the Trade Cycle
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T044625
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Business
Economics
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