The Austrian Theory of the Trade Cycle and Other Essays
The Austrian Theory of the Trade Cycle and Other Essays is a comprehensive book that consists of the booms and busts of the market, and why they are not indigenous to the free market. The Austrian theory of the business cycle argues that such booms and busts come about through the manipulation of money and credit by central banks. This monograph contains essays by known theorists such as Mises, Rothbard, Haberler, and Hayek – Austrian giants that explain and defend the theory against alternatives.
- The Austrian Theory of the Trade Cycle and Other Essays features different facets of the cycle in essays written by prominent Austrian theorists.
- Helpful in understanding the transformation of the market at the hands of politicized puppet masters through Austrian classic champions.