Quarterly Journal of Austrian Economics
Author:
Rahim Taghizadegan
Marc-Felix Otto
Online Publish Date:
Quarterly Journal of Austrian Economics 19, no. 4 (Winter 2016) ABSTRACT: As the first application of the praxeological discipline of “Cratics” (Taghizadegan and Otto, 2015), a theory of the supply and demand of bads is developed. On this foundation, a violence cycle theory will be introduced in analogy to the praxeological business cycle theory