Quarterly Journal of Austrian Economics
Author:
John P. Cochran
Online Publish Date:
Volume 14, Number 3 (Fall 2011) Hayek’s writings on business cycle theory; the seminal work of the 1930s and 1940s and the modifications he made in the 1970s after he received the Nobel Prize, are useful starting points for understanding the cycle phenomena in the US between 1995 and the present. Hayek in the 1970s abandoned his earlier