1st Edition

Risk and Business Cycles
New and Old Austrian Perspectives




ISBN 9780415781299
Published July 15, 2010 by Routledge
176 Pages

USD $62.95

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Book Description

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.