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Risk and Business Cycles : New and Old Austrian Perspectives

By: (Author) Tyler Cowen

Werezi Extended Catalogue
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Ksh 8,300.00

Format: Paperback / Softback

ISBN-10: 0415781299

ISBN-13: 9780415781299

Series: Routledge Foundations of the Market Economy

Publisher: Taylor & Francis Ltd

Imprint: Routledge

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Jul 15th, 2010

Print length: 176 Pages

Weight: 308 grams

Dimensions (height x width x thickness): 23.10 x 15.30 x 1.10 cms

Product Classification: Business studies: general

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In this book the author argues the case for the revival of an important role for monetary causes in business cycle theory, which challenges the current trend towards favouring purely real theories.
Risk and Business Cycles examines the causes of business cycles, a perennial topic of interest within economics. The author argues the case for the revival of an important role for monetary causes in business cycle theory, which challenges the current trend towards favouring purely real theories. The work also presents a critique of the traditional Austrian theory of the trade cycle. This controversial approach will ensure that the book is of interest to all those involved with business cycles, as well as Austrian economics.

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