-
I have read and reread Tom Woods’s fantastic book, Meltdown. However, I’m stuck on a question concerning Austrian Business Cycle Theory. In particular, I would like to gain a better understanding of the impact of unutilized productive capacity in a market and its ability to absorb monetary...
-
Their subsidization of solar panel production is, believe it or not, has little or no impact on the pace of solar energy research and development. If they subsidized the production of cell phones, new faster, smaller, more reliable cell phones would still be coming out every year. The only difference...
-
Inquiry & Analysis. I am interested in a discussion of the foundations of the Austrian view- as the participants of this forum understand them. I have been reading in this area and I have a lot of material at my disposal; so I am not seeking links or suggested reading; I have fundamental questions...
-
Many people today want to know whether or not there is any evidence that proves that the Austrian theory of the business cycle is correct. Many empricists and positivists critique the Austrian school for being too reliant on logic and reason and not reliant enough on evidence. Epistemological arguments...