Other Schools of Thought

The macroeconomic approach looks upon an arbitrarily selected segment of the market economy as if it were an integrated unit.

Keynesian economics enjoys universal approval among the political classes. But the whole Keynsian project must be abandoned if we desire economic prosperity.

Unexpectedly, John Maynard Keynes's critique of economist Jan Tinbergen's econometrics offers some sound insights.

Thanks to the great Tatsuya Iwakura, who has translated numerous books by Austrian economists into Japanese, The Austrian Theory of the Trade Cycle and Other Essays, edited by Richard Ebeling, is now available as a Kindle book in Japanese.