Category Archives: Business cycle

Strategy for Austro-libertarianism Continued (and my longest post yet)

Just some additional thoughts:
While we can easily say that the division of labor is a good thing regarding “promoting” Austrian ideas–that Dr. Boettke (for example) can promote Austrian ideas as he sees fit, and likewise Dr. Murphy–it seems to me that it is an easy way to end the debate, and contributes to some sort [...]

Two Recent Econtalk Podcasts

Whenever I listen to Econtalk’s Russ Roberts talk about the current financial crisis I am always waiting for him to come out and blame the Federal Reserve. He seems to be a Hayekian, which doesn’t translate into an Austrian, although I am pretty sure he is a small govt libertarian. But for some reason he [...]

The Mises Institute’s “Bailout Reader”

The Mises Institute recently posted an excellent “Bailout Reader.” Austrian economists have been predicting this sort of financial crisis for years. Other schools of thought (Keynesian, Monetarists) have an erroneous understanding of the business cycle, not taking into account the time factor in their theory of production, and that production occurs in stages. To understand [...]

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