Bum, krakh i budushchee: analiz avstriĭskoĭ shkoly
Année de publication
2002
Circulation
3000 exemplaires
21 USD
Frais de livraison:
18 USD
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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.
