One of the most important contributions of “Austrian Economics” to the field of finance has been their formulation of the Austrian Business Cycle
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A Crusoe Economy
When commentators today talk about “Crusoe Economics”, what they are in fact referring to is the seldom-used analytical framework sometimes employed by economists to reduce complex market
Continue readingA History of Financial Crisis
We live in a world which is today dominated by the unending and increasingly violent cycles of economic booms followed by their subsequent
Continue readingForecasting the Boom-Bust Cycle
The Theory At the very core of Austrian Business Cycle Theory (ABCT) lies the central tenant that the artificial manipulation of the interest
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