Mises Wire

Looking for Introductory Materials on Austrian Business Cycle Theory?

The Austrian Theory of the Trade Cycle and Other Essays

Michael Pollaro, Mark Thornton, and I went looking for some good introductory materials to help newcomers understand Austrian Business Cycle Theory.

Pollaro posted this helpful article over at Forbes, noting:

Indeed, we would say that without ABCT investors are at a competitive disadvantage, for it is only through ABCT that one can truly understand what is underpinning the economies and financial markets of today.

And he links to several resources including this journal article by Joseph Salerno, and this very easy breakdown by John Cochran.

There are many other resources, Mark and I might point you to as well.

For starters, there is Rothbard's Economic Depressions: Their Cause and Cure, and Richard Ebeling's collection of essays, including works by Hayek, Mises and Garrison.

Other resources include:

And several videos including:

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