Austrian Business Cycle Theory (Debunk Austrian Economics Week) Day 7
4,781 views · Published 26 January 2014 · 8:25 · Indexed 26 October 2026
Channel: Maoist Rebel News (Jason Unruhe) · 2014 · News & Politics
The cycle theory is so inherently flawed its confounding that people would support it. There overall problem is that the cycle theory is based upon compartmental theories that support it. These supporting theories are in turn supported by praxeological axioms which are false. They cycle theory is based upon a false foundation. Sources: http://socialdemocracy21stcentury.blogspot.com/2013/02/the-natural-rate-of-interest-in-abct.html http://socialdemocracy21stcentury.blogspot.com/2013/06/marshall-on-mengers-orders-of-capital.html http://socialdemocracy21stcentury.blogspot.com/2013/06/greg-hill-on-moral-economy-keyness.html Maoist Rebel News book store: http://lulu.com/spotlight/MaoistRebelNews Google+ https://plus.google.com/103373194522859849259/ Add me on Facebook: http://www.fb.com/MaoistRebelNews Follow me on Twitter: http://twitter.com/MaoistRebelNews Read more news at: http://maoistrebelnews.wordpress.com/ Get More Commentary on Tumblr: http://maoistrebelnews.tumblr.com/ These videos are offered under private trust. Downloading constitutes acceptance of private trust terms. All private trust rights reserved.
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