Economics

Symposium on Business Cycles and the New Economic Reality

ABSTRACT

This symposium examined different approaches to business cycles. The conference discussed the extent to which the introduction of new financial instruments, the greater role of communication, and new industrial techniques have changed the assumptions of economics, either from the Austrian or the neoclassical perspectives.

READING LIST

Conference Readings

Barnett, William II and Walter E. Block. “Financial Markets, Household Debt and the Business Cycle.” Liberty Fund Symposium, La Jolla, California, September 16-19, 2010.

Hulsmann, J. G. “The Structure of Production.” Liberty Fund Symposium, La Jolla, California, September 16-19, 2010.

Mueller, Antony. “Globalization and the Business Cycle in the Perspective of Austrian Economics.” Liberty Fund Symposium, La Jolla, California, September 16-19, 2010.

Murphy, Robert P. “Multiple Interest Rates and Austrian Business Cycle Theory.” Liberty Fund Symposium, La Jolla, California, September 16-19, 2010.

Salerno, Joseph T. “Can the Austrian Theory of the Business Cycle Explain the Retail Slump of 2007-2009?.” Liberty Fund, Inc., La Jolla, California, September 16-19, 2010.

White, Lawrence H. and George Selgin. “The Austrian Theory of the Business Cycle in a Fiat Money Regime.” Liberty Fund Symposium, La Jolla, California, September 16-19, 2010.