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This study evaluates the impact of depression treatment on economic behavior in Karnataka, India. We cross-randomized pharmacotherapy and livelihoods assistance among 1000 depressed adults and evaluated impacts on depression severity, socioeconomic outcomes, and several potential pathways over...
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Depression, a common and serious illness that is more prevalent among the poor, may limit the demand for health products and other beneficial technologies. To investigate, we evaluate the impact of depression treatment on the demand for a novel health product, hand sanitizer, in India. We...
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This paper honors Don Lavoie's work on the relationship between theory and history in Austrian economics by using the current recession as an example of many of the ideas found in his paper on the “Interpretive Dimension of Economics.” More specifically, I start from the premise that all...
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Modern macroeconomists in the Austrian tradition can be divided into two groups: Rothbardians and monetary equilibrium (ME) theorists. It is from this latter perspective that we consider the events of the last few years. We argue that the primary source of business fluctuation is monetary...
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