Is Austrian Business Cycle Theory Back?

Two new papers on ABC have been written recently by mainstream economists. The Great Depression as a credit boom gone wrong is by Barry Eichengreen and Kris Mitchener under the auspices of the Bank for International Settlements and The Austrian Theory of Business Cycles: Old Lessons for Modern Economic Policy? is by Stefan E. Oppers under the auspices of the IMF. Both links are courtesy of Bruce Bartlett’s Talking Points.


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