Boom, Break-up and Future: Analysis of Austrian School
21 USD
Add to
Add to
According to the theory of the Austrian School, an economic cycle is being generated by a country's Central bank and redoubled by government's interference, but it is not an integral part of free market economy. The authors of the book show the way Central bank leads to false investment, capital losses, savings decrease and excessive consumption through intentional reducing of the interest rate to the level lower than the free market.
