Austrian Business Cycle Theory
GPTKB entity
Statements (26)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:attributesBoomsTo |
low interest rates
artificial credit expansion |
gptkbp:blamesBustsOn |
malinvestment
correction of unsustainable investments |
gptkbp:contrastsWith |
gptkb:Keynesian_economics
gptkb:Monetarist_theory |
gptkbp:criticizedFor |
central banking
mainstream economists fractional reserve banking |
gptkbp:developedBy |
gptkb:Friedrich_Hayek
gptkb:Austrian_School_of_Economics |
gptkbp:explains |
causes of economic booms and busts
|
gptkbp:focusesOn |
business cycles
|
https://www.w3.org/2000/01/rdf-schema#label |
Austrian Business Cycle Theory
|
gptkbp:influenced |
modern libertarian economics
|
gptkbp:influencedBy |
gptkb:Carl_Menger
|
gptkbp:proposedBy |
gptkb:Ludwig_von_Mises
|
gptkbp:publishedIn |
gptkb:Prices_and_Production
gptkb:The_Theory_of_Money_and_Credit |
gptkbp:relatedTo |
capital theory
time preference interest rate theory |
gptkbp:yearProposed |
1912
|
gptkbp:bfsParent |
gptkb:Business_Cycles
|
gptkbp:bfsLayer |
6
|