Risk and Business Cycles: New and Old Austrian Perspectives

Tyler Cowen

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

Abstract

Risk and Business Cycles examines the causes of business cycles, a perennial topic of interest within economics. The author argues the case for the revival of an important role for monetary causes in business cycle theory, which challenges the current trend towards favouring purely real theories. The work also presents a critique of the traditional Austrian theory of the trade cycle. This controversial approach will ensure that the book is of interest to all those involved with business cycles, as well as Austrian economics.

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1999Theory and History Behind Business Cycles: Are the 1990s the Onset of a Golden Age?2013The View from Vienna: An Analysis of the Renewed Interest in the Mises-Hayek Theory of the Business Cycle 1999Theory and History Behind Business Cycles: Are the 1990s the Onset of a Golden Age?2010AN OVERINVESTMENT CYCLE IN CENTRAL AND EASTERN EUROPE?2012The Mises-Hayek Business Cycle Theory, Fiat Currencies and Open Economies 2008Austrian Business Cycle Theory in Light of Rational Expectations: The Role of Heterogeneity, the Monetary Footprint, and Adverse Selection in Monetary Expansion 2004Two Views of Satisficing 2004Satisficing: Not Good Enough

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