All Articles tagged risk

• Articles
  June 26, 2024 CDT
  An Austrian Critique of Using Carbon Taxes to Manage Climate Catastrophe Risk
  James M. Sheehan

  The risk management rationale for carbon taxes suffers from calculation and knowledge problems. This paper details several arguments against a carbon tax as climate risk insurance.

  Abstract
• Articles
  May 15, 2024 CDT
  Arbitraging the Yield Curve: A Free Lunch?
  Daniel Sánchez-Piñol Yulee

  Banking crises can be produced by a mismatch of assets and liabilities, potentially leading to illiquidity in the financial system. Daniel Sánchez-Piñol Yulee examines implications of arbitraging the yield curve.

  Abstract
• Book Reviews
  April 15, 2021 CDT
  Book Review: Radical Uncertainty: Decision-Making Beyond the Numbers
  David Gordon

  Though the authors of this new book are not Austrians, David Gordon finds much to celebrate about John Kay and Mervyn King's work.

  Abstract
• Articles
  September 28, 2020 CDT
  Corporate Risk Evaluation in the Context of Austrian Business Cycle Theory
  Joanna Kruk

  This analysis of NPV and interest rate changes in the context of Austrian business cycle theory quantifies the riskier positions entrepreneurs take during the boom phase of the cycle.

  Abstract