Risk and Business Cycles: New and Old Austrian Perspectives (Routledge Foundations of the Market Economy)

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Risk and Business Cycles: New and Old Austrian Perspectives (Routledge Foundations of the Market Economy) image
ISBN-10:

0415169194

ISBN-13:

9780415169196

Author(s): Cowen, Tyler
Edition: 1
Released: Jan 01, 1998
Publisher: Routledge
Format: Hardcover, 184 pages
Related ISBN: 9780415781299

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.

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