Description
Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term. Volume I bridges tough economic theory with empirical evidence. Introduction PART I: THEORY 1. Money, Banking, and Inflation 2. How Does the Government Cause Inflation? 3. What Causes the Business Cycle? 4. In Defense of Austrian Business Cycle Theory PART II: PRACTICE 5. The Recession of the Early 1980s 6. The Business Cycle in Late Twentieth/Early Twenty-First Century America 7. John Law’s Financial Scam and the South Sea Bubble 8. The Great Depression 9. The Business Cycle in America from 1900 to 1965 Epilogue
