There is no evidence in Hayek's published work that the notion of an end-state ever held any interest. Across more than 60 years of original publications, Hayek's notion of equilibrium was well-defined, dynamic
It is pretty well established within Austrian economics that the optimum quantity of money is whatever level is established at any given time.
Don Bellante and Roger W. Garrison (1988) compared two alternative explanations of monetary dynamics: those based on a vertical long-run Phillips curve and those derived from analysis of Hayekian triangles.
The present work is a doctoral dissertation written at the University of Hamburg. It deals with Mises’s work on monetary economics and business cycle theory.
The fundamental question we have to confront in the theory of monetary policy is therefore not whether money affects the real economy—yes it does, both in the short run and in the long run
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.
The validity of various definitions of money cannot be ascertained by means of a statistical correlation with national income.
Selgin and White commence their defense of monetary systems with fractional-reserve banking, provided they are based on gold specie money.
Austrians frequently lament the absence of an Austrian undergraduate money-macro curriculum, especially at the intermediate level.
