All Articles tagged Austrian business cycle theory
- Articles
May 15, 2024 CDT Should fair value accounting—in contrast to historical cost accounting—be considered fair or just? The authors argue that fair value accounting contributes to distributive injustice and potentially to social discord.
- Notes and Replies
May 23, 2023 CDT Turowska offers improvements to her earlier contribution in Kruk (2020), suggesting that scenario analysis is not a viable solution to the problem of calculating investment profitability.
- Articles
July 15, 2022 CDT The First Bank of the United States induced credit expansion, inflation, speculative overinvestment, external specie drain, and finally, a recession in 1797, all consistent with Austrian business cycle theory.
- Articles
August 05, 2021 CDT Lawrence Summers claims that excess savings and feeble investment led to secular stagnation in advanced economies. Macovei defends the Austrian business cycle theory against Summers's arguments.