People Hansjoerg Klausinger

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business cycles part i

Business Cycles, Part I By F. A. Hayek
Edited by Hansjoerg Klausinger

Economics

In the years following its publication, F. A. Hayek’s pioneering work on business cycles was regarded as an important challenge to what later became known as Keynesian macroeconomics. Today, as debates rage on over the monetary origins of the current economic and financial crisis, economists are once again paying heed to Hayek’s thoughts on the repercussions of excessive central bank interventions.

business cycles part ii

Business Cycles, Part II By F. A. Hayek
Edited by Hansjoerg Klausinger

Economics

In the years following its publication, F. A. Hayek’s pioneering work on business cycles was regarded as an important challenge to what later became known as Keynesian macroeconomics. Today, as debates rage on over the monetary origins of the current economic and financial crisis, economists are once again paying heed to Hayek’s thoughts on the repercussions of excessive central bank interventions.

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