Quarterly Journal of Austrian Economics

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Financial Cycles, Business Activity, and the Stock Market

  • The Quarterly Journal of Austrian Economics
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Tags Booms and BustsFinancial MarketsBusiness Cycles

07/30/2014Antony P. Mueller

 

Volume 4, No. 1 (Spring 2001)

 

In this article, the prime concepts are based on the Mises-Hayek theory of the business cycle.  Using this model as the general framework for analysis, additions and modifications are introduced reflecting theoretical advances and current problems. Free markets and a strict profit-and-loss system are the best ways to signal erroneous action and induce the constant process of corrective adaptation to bring forth efficiency in the allocation of capital.

 

 

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Cite This Article

Mueller, Antony P. "Financial Cycles, Business Activity, and the Stock Market." The Quarterly Journal of Austrian Economics 4, No. 1 (Spring 2001): 3-21

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