Titlebook: Austrian Theory of Capital and Business Cycle; A Modern Approach Pavel Potuzak Book 2022 The Author(s), under exclusive license to Springer

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Conclusionmoney-induced economic booms end in misallocation of resources and painful recessions. This book develops a graphical apparatus that separates these two cases. This approach can complement traditional textual explanations of Austrian theory, as well as the standard Hayek triangles.

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make these ideas applicable to both mainstream economic models and modern economists. It will be relevant to students and researchers interested in the history of economic thought and the political economy..978-3-031-18728-5

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