Risk and Business Cycles
ebook ∣ New and Old Austrian Perspectives · Routledge Foundations of the Market Economy
By Tyler Cowen

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Risk and Business Cycles examines the causes of business cycles, a perennial topic of interest within economics. The author argues the case for the revival of an important role for monetary causes in business cycle theory, which challenges the current trend towards favouring purely real theories. The work also presents a critique of the traditional