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Reply to George Selgin on Austrian Business Cycle Theory
Liberty Matters (2014)
  • JEFFREY ROGERS HUMMEL, San Jose State University
I appreciate George’s clarifications, which help push our conversation into more interesting realms. I am a great admirer of his work on monetary economics, believing he has made major contributions. I certainly did not intend to misrepresent George’s views. Nor do I have any fully developed business cycle theory of my own to offer as an alternative to his. I consider this to be the great unresolved issue in macoeconomics. While I believe, as I said before, that Austrian theory offers some penetrating insights, I do not find any of its variants to be entirely satisfactory.
Publication Date
February 6, 2014
Publisher Statement
Online discussion of The Theory of Money and Credit by Ludwig von Mises, with Lawrence H. White, Jörg Guido Hülsmann, and George Selgin.
Citation Information
JEFFREY ROGERS HUMMEL. "Reply to George Selgin on Austrian Business Cycle Theory" Liberty Matters (2014)
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