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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