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Focusing on the causes of business cycles, the author advocates for reintroducing monetary factors into business cycle theory, opposing the prevalent emphasis on real theories. The book critiques traditional Austrian trade cycle theory, presenting a controversial perspective that will engage readers interested in both business cycles and Austrian economics. Its analytical approach promises to spark discussion among economists and practitioners alike.
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Risk and Business Cycles, Tyler Cowen
- Language
- Released
- 1998
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- (Hardcover)
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