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The Austrian School's advice: 'Hands off'.

Source :
BusinessWeek; 8/3/1974, Issue 2342, p40-41, 2p
Publication Year :
1974

Abstract

The article offers information on the theories of the Austrian School, the most fundamentalist of disciplines in modern economy in 1974. In Austrian theory, creation of money frequently results to inflation as the excess pieces of paper chase the constant supply of services and goods. The cause of the Austrian view's cycle is that the government artificially holds the true rate of interest lower than it would otherwise have been.

Details

Language :
English
ISSN :
00077135
Issue :
2342
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
57662921