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- Search found 4 items for:
- Austrian Economics Overview
- Business Cycles
- Walter Block
Media Asset
Author:
Walter Block
Online Publish Date:
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Thomas and Lisa Dierl.
Media Collection
Author:
Walter Block
It is among the most famous of the great defenses of victimless crimes and controversial economic practices, from profiteering and gouging to bribery and blackmail. Narrated by Jeff
Quarterly Journal of Austrian Economics
Online Publish Date:
ABSTRACT: According to Austrian business cycle theory (ABCT), there is no macroeconomic market failure. Under laissez faire capitalism, with extremely limited or no government, there will be no credit-induced business cycles. However, suppose one part of the world engages in credit expansion, which, according to ABCT creates the business cycle,