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Ryan H. Murphy

Works Published inQuarterly Journal of Austrian Economics

Ryan H. Murphy is Research Associate at The O’Neil Center for Global Markets and Freedom at SMU Cox School of Business.

All Works

The Plucking Model, the Great Recession, and Austrian Business Cycle Theory

Business Cycles

04/30/2015Quarterly Journal of Austrian Economics
This brief note points out that Milton Friedman’s “Plucking Model” has not held following the Great Recession.
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