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Introduction: Money, Cycles, and Crises in the United States and Canada

In: Studies in Austrian Macroeconomics

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  • Steven Horwitz

Abstract

This introduction summarizes each of the papers inStudies in Austrian Macroeconomics. It begins with a brief overview of the core ideas and development of modern Austrian macroeconomics, focusing on its theory of the business cycle. The papers are then discussed by parts, starting with the papers on Austrian monetary and business cycle theory, followed by those addressing the relationship between the US and Canadian economic performance, and concluding with the three papers on the political economy of regulation and crisis.

Suggested Citation

  • Steven Horwitz, 2016. "Introduction: Money, Cycles, and Crises in the United States and Canada," Advances in Austrian Economics, in: Studies in Austrian Macroeconomics, volume 20, pages 1-12, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:aaeczz:s1529-213420160000020001
    DOI: 10.1108/S1529-213420160000020001
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    References listed on IDEAS

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    1. Robert Lester & Jonathan Wolff, 2013. "The empirical relevance of the Mises-Hayek theory of the trade cycle," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(4), pages 433-461, December.
    2. Richard E. Wagner, 2014. "Entangled Political Economy: A Keynote Address," Advances in Austrian Economics, in: Entangled Political Economy, volume 18, pages 15-36, Emerald Group Publishing Limited.
    3. Roger Koppl, 2002. "Big Players and the Economic Theory of Expectations," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-62924-0.
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    More about this item

    Keywords

    Austrian business cycle theory; political economy; great recession; financial crisis; Canada; B53; E14; E32;
    All these keywords.

    JEL classification:

    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • E14 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Austrian; Evolutionary; Institutional
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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