Overview

The US housing bubble and the ensuing financial crisis and recession, as well as the ongoing slow recovery, have prompted a renewal of interest in the business cycle theory associated with the Austrian school of economics. Over the last thirty years, Austrian economists have extended and refined that theory while also deploying Austrian insights in other areas of monetary theory and macroeconomics. In this volume, a number of macroeconomists influenced by the Austrian school demonstrate its explanatory power by applying those ideas to a variety of historical and contemporary issues. Several of the papers focus on the differences between the US and Canadian experiences during the early 21st century, while other contributors offer critical extensions of Austrian monetary and business cycle theory. The volume also includes empirical applications to the housing boom and bust, and several papers consider the place of Austrian macroeconomics within the school's approach to political economy and public policy more generally. ""Studies in Austrian Macroeconomics"" shows the breadth and depth of modern macroeconomics in the Austrian tradition.

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9781786352743

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Editor Steven Horowitz presents readers with a collection of academic essays and scholarly articles investigating Austrian economic policy, the nation's approach to macroeconomics, and the business cycle theory associated with the Austrian school of economics. The editor has organized the contributions that make up the main body of the text in three parts devoted to Austrian monetary and business cycle theory, the U.S. and Canadian experience of the financial crisis combined, and the political economy of regulation and crisis. The editor is a faculty member of St. Lawrence University in New York. -- Annotation (c)2016 * (protoview.com) *

Editor Steven Horowitz presents readers with a collection of academic essays and scholarly articles investigating Austrian economic policy, the nation's approach to macroeconomics, and the business cycle theory associated with the Austrian school of economics. The editor has organized the contributions that make up the main body of the text in three parts devoted to Austrian monetary and business cycle theory, the U.S. and Canadian experience of the financial crisis combined, and the political economy of regulation and crisis. The editor is a faculty member of St. Lawrence University in New York. Distributed in North America by Turpin Distribution. -- Annotation (c)2016 (protoview.com)

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Edited by Steven Horwitz, St. Lawrence University, Canton, NY, USA

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