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Hey, just a quick question... while I know Hayek and Mises both wrote at length on the topic, which work was consider the definitive text on the Business Cycle. Also, which book goes most into depth about Hayekian Triangles? Thanks in advance!
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[quote user="hoffmanjohn"]you should probably post this qeustion in a Keynsian and monetarist group because the response you will get in this forum will only confirm the austrian view... Keynes suggest that monetary policy during a crisis such as the great depression was ineffective at saving...
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1) As discussed in Section II, Hayek was unclear whether his structure of production represents a yearly flow of goods or a distribution of wealth. Mises and Rothbard, like Hayek, seem to mean one and also the other. Skousen is at least consistent but, unfortunately, he is consistently wrong. He definitely...