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but compatible traditions: monetary disequilibrium theory (MDT) and the Austrian business cycle theory (ABCT). I argue … Keynes's General Theory. Unfortunately, their ideas were not united in time to mount a sufficient counterattack to the … link” that can help connect these alternative paths: free banking theory …
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In the past, Austrian economics has been seen as almost exclusively focused on microeconomics. Here,<STRONG>Steven Horwitz</STRONG> constructs a systematic presentation of what Austrian macroeconomics would look like. This original and highly accessible work will be of great value and interest to professional...</strong>
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