Quarterly Journal of Austrian Economics
Author:
Philipp Bagus
David Howden
Online Publish Date:
Volume 13, No. 3 (Fall 2010) Recognizing different types of savings allows for a more fruitful analysis of the business cycle. Sustainable investment activities must be financed by an equivalent amount of savings, both in length of availability and quantity. Upward-sloping yield curves are a feature of the unhampered loanable funds market.