The Austrian Business Cycle cadtm.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cadtm.org Daily Mail and Mail on Sunday newspapers.
If someone were to set out with the goal of learning how to rapidly increase our inflation rate in the shortest amount of time possible, they should start by pulling up a chair, breaking out a notebook, and keeping a close eye on the economic approach of President Joe Biden’s administration. With White House Press Secretary Jen Psaki serving as Adjunct Professor, and President Biden himself as Dean of Curriculum, the Biden Administration is beginning that free Community College education they’ve promised by offering what is essentially an Economics course titled
Achieving Inflation 101. And we can certainly give at least an honorary title to First Lady Dr. Jill Biden – America’s favorite doctor who doesn’t treat sick people. Let’s call Dr. Jill the School Chancellor.
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
Condensing Austro-Libertarian Papers
Subject: Papers for E4B
Hi Walter,
I wanted to followup on our Zoom call a couple weeks ago. We discussed that you might be able to make suggestions for academic papers that could be condensed into user-friendly summaries. We have a stable of students ready to start on summarization and I’m reaching back out to our professors to ask for paper recommendations. Can you suggest papers that might be relevant to a business audience? Topics such as business ethics, Austrian business cycle theory, capital allocation, consumer sovereignty, and entrepreneurship would be ideal. If you have a link or pdf for the paper that would be very helpful but if not just the title and author will do. Thank you again for volunteering to help!