Do Austrian theories also apply to financial markets?
Jon Wolfenbarger
Latest work
As Murray N. Rothbard explained in his masterful economic treatise Man, Economy, and State with Power and Market, The distinctive and crucial feature in the study of man is the concept of action...
As Austrian Business Cycle Theory explains, big-ticket capital expenditures are heaving influenced by interest rates, as we discussed here. Since housing is a big-ticket capital expenditure, demand...
