Literature Library
The most complete online offering of the literature of the Austrian School and libertarian ideas, including books, journal articles, and other writings, sorted by author or any method you choose.
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Subject: The-Business-Cycle: 32 records
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Money, Bank Credit, and Economic Cycles
Jesus Huerta de Soto
Updated 4/4/20123rd Edition - Updated and revised. The three years since the publication of the previous English edition of Money, Bank Credit, and Economic Cycles have seen a continuation of the economic recession process set in motion after the 2007 financia... -
The Great Depression
Lionel Robbins
Updated 1/24/2012The New Deals of America and Britain were a decade-long calamity that exceeded the damage of the economic downturn itself. The theory behind the policy was all wrong, but no one can say that the correct theory was not in circulation. This splendi... -
Man, Economy, and State, with Power and Market
Murray N. Rothbard
Updated 1/12/2012Ridiculously low price! Murray N. Rothbard's great treatise Man, Economy, and State and its complementary text Power and Market, are here combined into a single edition as they were written to be. It provides a sweeping presentation of Austria... -
Crises and Cycles
Wilhelm Röpke
Updated 1/10/2012It's hard to say what is the most rare, most hard to find, most buried important book, in the history of the Austrian School. But this splendid and critically important treatise would certainly be among the nominees. Until this edition, this... -
America's Great Depression
Murray N. Rothbard
Updated 12/14/2011Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history. The Mises In... -
Banking and the Business Cycle
Chester A. Phillips
Updated 12/14/2011This rare study by C.A. Phillips, together with T.F. McManus and R.W. Nelson, appeared in 1937 as an Austrian-style analysis of the stock market crash and the great depression that followed. It explores the many theories tossed about at the time,... -
The Economics of Illusion
L. Albert Hahn
Updated 10/7/2011L. Albert Hahn was one of the most highly regarded economists and bankers in Germany before World War II, but he was unknown in the United States until this translation of The Economics of Illusion appeared in 1949. He immigrated to the United States... -
The Panic of 1819: Reactions and Policies
Murray N. Rothbard
Updated 9/30/2011The panic of 1819 was America's first great economic crisis. And this is Murray Rothbard's masterful account, the first full scholarly book on the topic and still the most definitive. It was his dissertation, published in 1962 but nearly impo... -
Capital and Production
Richard von Strigl
Updated 9/19/2011Richard Ritter von Strigl (1891–1942) was one of the most brilliant Austrian economists of the interwar period. As a professor at the University of Vienna he had a decisive influence on Hayek, Machlup, Haberler, Morgenstern, and other fourt... -
Economics for Real People
Gene Callahan
Updated 9/16/2011The second edition of the fun and fascinating guide to the main ideas of the Austrian School of economics, written in sparkling prose especially for the non-economist. Gene Callahan shows that good economics isn't about government planning or sta... -
The Bubble that Broke the World
Garet Garrett
Updated 9/15/2011What caused the stock-market crash of 1929 and the Great Depression that followed? This book blows away the conventional interpretations, not only in its contents but that the book exists at all. The Bubble that Broke the World was written in 1931.... -
Understanding the Dollar Crisis
Percy L. Greaves, Jr.
Updated 8/31/2011In the year that President Nixon closed the gold window forever and the US government removed the last vestiges of the gold standard, nonstop dollar turmoil was unleashed. In that same year, Percy L. Greaves, a student of Ludwig von Mises's, rele... -
The Gold Standard: Perspectives in the Austrian School
Llewellyn H. Rockwell Jr. (ed.)
Updated 8/31/2011This anthology contains seminal essays on the ideal monetary system. From Sennholz's discussion of Mengerian monetary theory to Ron Paul's espousal of a political agenda that champions a gold standard, readers will find that this book serves... -
Tiger by the Tail
Friedrich A. Hayek
Updated 8/8/2011F.A. Hayek said that his biggest regret in a lifetime of writing was that he never wrote a book-length refutation of Keynesian economics. He seriously doubted that Keynesian style planning would ever captivate governments, so he focused on differ... -
Economic Depressions: Their Cause and Cure
Murray N. Rothbard
Updated 7/18/2011Need a short monograph on Austrian business cycle theory? This is the one to get. Murray Rothbard was the master of reducing complicated theories to their very essence while retaining theoretical rigor, and this essay is a case in point. It was writ... -
The Austrian Theory of the Trade Cycle and Other Essays
Richard M. Ebeling
Updated 7/13/2011New 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 m... -
Interest and Prices
Knut Wicksell
Updated 6/29/2011It was this work by Swedish economist Wicksell that drew Mises's attention to the effects of interest rate manipulation on the capital structure. This was the first to present the idea of the natural rate of interest, which Wicksell argued can be... -
Failure of the 'New Economics'
Henry Hazlitt
Updated 4/15/2011Henry Hazlitt did the seemingly impossible, something that was and is a magnificent service to all people everywhere. He wrote a line-by-line commentary and refutation of one of the most destructive, fallacious, and convoluted books of the century. T... -
Prices and Production
Friedrich A. Hayek
Updated 4/8/2011Hayek was not only a leading champion of liberty in the 20th century. As this massive book reveals, he was also a great economist whose elaboration on monetary theory and the business cycle made him the leading foe of Keynesian theory and policy in t... -
The New Deal in Old Rome
H. J. Haskell
Updated 4/5/2011How Government in the Ancient World Tried to Deal with Modern Problems What a fantastic way to learn ancient history: via the parallels with modern times. H.J. Haskell was a journalist with a huge background in ancient history, and here he does... -
The Concise Guide To Economics
Jim Cox
Updated 2/9/2011To understand economics is to understand the practical case for freedom. The great merit of this book is to bring out the connection in the clearest and shortest possible way. The Concise Guide To Economics is a handy, quick reference guide for... -
The Causes of the Economic Crisis, and Other Essays Before and After the Great Depression
Ludwig von Mises
Updated 12/9/2010Stimulus or laissez-faire? That's the essential debate about what to about financial crisis in our time. It was the same in the 1930s. In this world before and after the Great Depression, there was a lone voice for sanity and freedom: Lud... -
Pure Theory of Capital, The
Friedrich A. Hayek
Updated 5/15/2010The greatest failing of non-Austrian theories of macroeconomics, it's been said, is that they lack a robust theory of capital. F.A. Hayek sought to fill out the theory of the business cycle with an impenetrable one, and the result was this remark... -
A History of American Currency
William Graham Sumner
Updated 5/14/2010The author, William Graham Sumner, was the great sociologist of late 19th century America, but also a wise observer of economic conditions. In 1874, in the midst of another debate about the future of the American monetary system, he offered this... -
Theorie des geldes und der Umlaufsmittel
Ludwig von Mises
Updated 5/28/2009Here is the first edition, 1912, of Mises's great book translated as Theory of Money and Credit. This is the German original in a gorgeous cover. This book changed monetary economics for ever. Now you can own a perfect reprint of the original... -
Monetary Theory and the Trade Cycle
Friedrich A. Hayek
Updated 7/12/2007F.A. Hayek Monetary Theory and the Trade Cycle... -
Consumption of Capital in Austria, The
Fritz Machlup
Updated 1/15/2007F.W. Taussig The Tariff History of the United States NT... -
"A Reconsideration of the Austrian Theory of Industrial Fluctuations"
Ludwig M. Lachmann
Updated 1/15/2007theresa November 9, 1950 PDFlib 3.02 (SunOS 5.6)... -
"Commodity Stocks in the Trade Cycle"
Ludwig M. Lachmann
Updated 1/15/2007theresa November 9, 1950 PDFlib 3.02 (SunOS 5.6)... -
Bank Credit: A Study of the Principles and Factors Underlying Advances Made by Banks To Borrowers
Chester A. Phillips
Updated 1/15/2007Chester Arthur Phillips Bank Credit...

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