The Austrian Theory of the Trade Cycle and Other Essays AUTH-2849617 Volume 3 of Covered Wagon

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The Austrian Theory of the Trade Cycle and Other Essays AUTH-2849617 Volume 3 of Covered WagonNew edition with an introduction by Roger Garrison and an index. Booms and busts are not endemic to the free market, argues the Austrian theory of the business cycle, but come about through manipulation of money and credit by central banks. In this monograph, Austrian giants explain and defend the theory against alternatives. Includes essays by Mises, Rothbard, Haberler, and Hayek. In his later years, Professor Haberler distributed many of these