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Studies in Austrian Macroeconomics (Hardcover)
Loot Price: R3,431
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Studies in Austrian Macroeconomics (Hardcover)
Series: Advances in Austrian Economics
Expected to ship within 12 - 17 working days
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The US housing bubble and the ensuing financial crisis and
recession, as well as the ongoing slow recovery, have prompted a
renewal of interest in the business cycle theory associated with
the Austrian school of economics. Over the last thirty years,
Austrian economists have extended and refined that theory while
also deploying Austrian insights in other areas of monetary theory
and macroeconomics. In this volume, a number of macroeconomists
influenced by the Austrian school demonstrate its explanatory power
by applying those ideas to a variety of historical and contemporary
issues. Several of the papers focus on the differences between the
US and Canadian experiences during the early 21st century, while
other contributors offer critical extensions of Austrian monetary
and business cycle theory. The volume also includes empirical
applications to the housing boom and bust, and several papers
consider the place of Austrian macroeconomics within the school's
approach to political economy and public policy more generally.
"Studies in Austrian Macroeconomics" shows the breadth and depth of
modern macroeconomics in the Austrian tradition.
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