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Adrián Osvaldo Ravier

Works Published inQuarterly Journal of Austrian EconomicsLibertarian Papers

Adrián Ravier holds a Ph.D. in applied economics from the University Rey Juan Carlos in Madrid and is professor and research fellow of the School of Business at Francisco Marroquín University, Guatemala.

All Works

The Natural Rate of Interest Rule

The FedMoney and BanksBusiness Cycles

01/30/2015Quarterly Journal of Austrian Economics
This article reviews the Fed’s performance with particular emphasis on its contribution to the 2008 crisis and then suggests an alternative policy which, had it been in place would have dampened the most recent boom and bust.
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Capitalism, Socialism and Public Choice

10/31/2010Libertarian Papers
Abstract: The essay examines Schumpeter’s understanding of the capitalist process and develops a critical analysis of his explanation of why capitalism cannot survive. Part I deals with how Schumpeter understood capitalism. Part II studies why –- from his point of view — capitalism couldn’t survive...


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Globalization and Peace: A Hayekian Perspective

02/04/2009Libertarian Papers
Abstract: In his Studies in Philosophy, Politics and Economics (1967, p.168), Nobel Prize laureate Friedrich A. von Hayek explains that “from the first establishment of (trade) which served reciprocal but not common purposes, a process has been going on for millennia which, by making rules of...


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Dynamic Monetary Theory and the Phillips Curve with a Positive Slope

Monetary Theory

07/30/2014Quarterly Journal of Austrian Economics
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.


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Rethinking Capital-Based Macroeconomics

Money and BanksFiscal TheoryMoney and Banking

07/30/2014Quarterly Journal of Austrian Economics
The objective of this article is to present an extension of Garrison's captial-based macroeconomics" model. Garrison's objective was ― starting from a full employment equilibrium situation


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