All Posts Tagged With: "trade cycle"
On the Austrian Theory of the Trade Cycle, Part II
I’m not sure where recent events—the economy’s still-ongoing turmoil—leave my assessment of the Austrian theory. But I am much more inclined now to find in it the empirical oomph that for so many years I thought it lacked.
1Apr2009 | Donald J. Boudreaux | 6 comments | ContinuedUnderstanding "Austrian" Economics, Part 2
This article appeared in the February 1981 issue. It was originally commissioned by the Silver and Gold Report, Newtown, Connecticut. After the passing of its three founders—Carl Menger, Friedrich von Wieser, and Eugen von Böhm-Bawerk—Austrian economics fell for a long time into eclipse. It was not so much refuted as neglected. English-speaking economists began devoting [...]
1Nov2003 | Henry Hazlitt | 1 comment | Continued-
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