Latsos, S. (2019). The Low Interest Policy and the Household Saving Behavior in Japan. Working Paper No. 159, Leipzig University of Leipzig. - References

ABSTRACT: In the aftermath of the Global Financial Crisis
(GFC) 2007/2008 the sales of Hayek’s (1944) Road to Serfdom quadrupled, a clear indication of renewed public
interest in the views of (neo-) Austrian economists on macro-economic crises,
especially financial crises. It is also true that several economists associated
with the Austrian school, or those using neo-Austrian insights, correctly
predicted the U.S. housing bubble and the subsequent GFC, apparently, a clear
vindication of (neo-) Austrian cycle theory (Hunter,
2018). More surprising is that even relatively fierce
opponents of neo-Austrian macro-theory have meanwhile begun to accept some
Austrian insights. We thus ought to ask, what are the basic tenets of the

Related Keywords

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