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Mending the Meltdown: Fending off the Interventions and Resurrecting the Market

Madhusudan Raj ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper gives an Austrian economics answer to the present world economic crisis. It uses the Austrian Business Cycle Theory to analyze the root causes of this crisis and then presents the real solution of this problem.

Keywords: Austrian Business Cycle Theory; ABCT; Gold Standard; Commodity money; Federal Reserve; Fractional Reserve Banking; Business Cycle; Time preference; Keynes; Economic meltdown; Financial crisis; Ludwig von Mises; Rothbard; Hazlitt (search for similar items in EconPapers)
JEL-codes: E42 E5 E00 E3 G21 (search for similar items in EconPapers)
Date: 2008-12-31
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Published in The India Economy Review Quaterly Issue: 31st December 2008.V(2008): pp. 38-44

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