Business Cycles

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Daniel Lacalle

It seems that governments want to convince us that they have saved the world when the reality is that the misguided lockdowns were the cause of the economic debacle and lifting them is the main cause of the recovery. 

Kevin Duffy

"The Fed is arsonist and fireman all rolled up into one," says James Grant.

Kevin Duffy

"The Fed is arsonist and fireman all rolled up into one," says James Grant in the latest issue of The Austrian.

Bradley Thomas

An unheralded work on the Austrian business cycle that rivals the work of the greats is Jesús Huerta de Soto’s Money, Bank Credit, and Economic Cycles, which outlines a multistate process of boom and bust. 

Michael Novak

The Skyscraper Index, as Mark Thornton shows, links record-breaking building construction with the business cycle, in a way consistent with Austrian business cycle theory.

Murray N. Rothbard

In The Theory of Money and Credit, Mises provided the basics for the long-sought explanation for that mysterious and troubling economic phenomenon—the business cycle.