Tags » Austrian Business Cycle Theory

More reasoning to why this economy is so sluggish

Rick Santelli is right again as well as Peter Schiff. This is more reasoning, and I love it when Rick Santelli goes off in the way that he does. 523 more words


Why is Austrian business cycle theory held to such a high-bar?

I find it surprising that so many concentrate on rational expectations when discussing Austrian business cycle theory (ABCT). Is Austrian business cycle theory the only modern business cycle theory that must reach such a high bar? 402 more words


Is Brazil Sitting On a World Cup Bubble?

Just hours before the opening ceremony of the World Cup last Thursday, protesters clashed with police in the streets of Sao Paolo and Rio de Janeiro. 620 more words


Sunday Linkage

What the Bible has to say about bankruptcy.

Art Carden makes an interesting suggestion to grad students looking for a research project:

I believe that the Austrian business cycle theory is correct as a matter of logic, but we need a lot more detailed empirical work before we can know just how quantitatively significant it is.

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Christian Worldview