Critics of the Austrian Business Cycle Theory claim that capital investors over time will no longer be fooled by artificially-low interest rates triggered by ...
Ludwig von Mises’s first major work was The Theory of Money and Credit in which he explained the role of money in the economy and also pointed out what causes ...
The article suggests that a recession is likely to start within the next year, based on economic theory and history. I discuss the Austrian Business Cycle Theory, which states that monetary expansion ...