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

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

0415781299

ISBN-13:

9780415781299

Author(s): Cowen, Tyler
Edition: 1
Released: Jul 15, 2010
Publisher: Routledge
Format: Paperback, 184 pages
Related ISBN: 9780415169196
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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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