Why Austrian Business Cycle Theory Is Better Than Keynesianism – OpEd

Why Austrian Business Cycle Theory Is Better Than Keynesianism – OpEd

Eurasia Review

Published

By Ed Bugos

“…boom and bust cycles are caused—not by the mysterious workings of the capitalist system—but by governmental interventions in that system.”***—**Murray Rothbard*

Another way to put it is that the primary cause of what you call a recession is central banking, specifically due to their inflationism...

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