Business Cycles
9. Inflation and the Business Cycle: The Collapse of the Keynesian Paradigm
From the book For A New Liberty: The Libertarian Manifesto, as narrated by Jeff Riggenbach.
A Reconsideration of the Austrian Theory of Industrial Fluctuations
Published in Economica, May 1940.
10. Banking and the Business Cycle
Loan banking is non-inflationary. Interest rates on loans are merely reflective of price spreads. All speculation, on the free-market, is self-correcting and speeds adjustment, rather than cause economic trouble.