The Recession of 1990: An Austrian Explanation
Why do we have booms and recessions? This paper to explores the Austrian explanation of the business cycle and applies that theory to the recession of 1990-1992.
Booms and Busts
Displaying 1481 - 1490 of 1800
Why the U.S. Economy is Not Depression-Proof
From The Review of Austrian Economics, Vol. 3, 1989.
Comment on Tullock’s “Why Austrians Are Wrong About Depressions”
With regard to Tullock’s “major objection” to the theory, his argument (pp.
City of the Bubble
Las Vegas is one big bubble, writes Doug French. Sin City's brand name has never been hotter.
5. The Great Depression, World War II, and American Prosperity, Part I
The 1920s had difficulties, but the depth of the Great Depression was in 1931. Any theory of boom-bust events must ask why so many entrepreneurs made terrible errors in a cluster. Why do busts hit capital goods industries harder than they do consumer goods industries?
