Did Hayek and Robbins Deepen the Great Depression?

Lawrence H. White

TR EN

Did Hayek and Robbins Deepen the Great Depression?

Öz

Contrary to some accounts, the Hayek-Robbins (“Austrian”) theory of the business cycle did not prescribe a monetary policy of “liquidationism” in the sense of passive indifference to sharp deflation during the early years of the Great Depression. There is no evidence that Hayek or Robbins influenced any “liquidationist” in the Hoover administration or the Federal Reserve System. Federal Reserve policy during the Great Depression was instead influenced by the real bills doctrine, which (despite some apparent similarities) was diametrically opposed in key respects to Hayek’s norms for central bank policy

Kaynakça

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Lawrence H. White Bu kişi benim

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1 Eylül 2010

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Yıl 2010 Sayı: 60

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https://izlik.org/JA69YJ93BW

APA

H. White, L. (2010). Did Hayek and Robbins Deepen the Great Depression? Liberal Düşünce Dergisi, 60, 103-121. https://izlik.org/JA69YJ93BW

AMA

1.H. White L. Did Hayek and Robbins Deepen the Great Depression? Liberal Düşünce Dergisi. 2010;(60):103-121. https://izlik.org/JA69YJ93BW

Chicago

H. White, Lawrence. 2010. “Did Hayek and Robbins Deepen the Great Depression?”. Liberal Düşünce Dergisi, sy 60: 103-21. https://izlik.org/JA69YJ93BW.

EndNote

H. White L (01 Eylül 2010) Did Hayek and Robbins Deepen the Great Depression? Liberal Düşünce Dergisi 60 103–121.

IEEE

[1]L. H. White, “Did Hayek and Robbins Deepen the Great Depression?”, Liberal Düşünce Dergisi, sy 60, ss. 103–121, Eyl. 2010, [çevrimiçi]. Erişim adresi: https://izlik.org/JA69YJ93BW

ISNAD

H. White, Lawrence. “Did Hayek and Robbins Deepen the Great Depression?”. Liberal Düşünce Dergisi. 60 (01 Eylül 2010): 103-121. https://izlik.org/JA69YJ93BW.

JAMA

1.H. White L. Did Hayek and Robbins Deepen the Great Depression? Liberal Düşünce Dergisi. 2010;:103–121.

MLA

H. White, Lawrence. “Did Hayek and Robbins Deepen the Great Depression?”. Liberal Düşünce Dergisi, sy 60, Eylül 2010, ss. 103-21, https://izlik.org/JA69YJ93BW.

Vancouver

1.Lawrence H. White. Did Hayek and Robbins Deepen the Great Depression? Liberal Düşünce Dergisi [Internet]. 01 Eylül 2010;(60):103-21. Erişim adresi: https://izlik.org/JA69YJ93BW

Did Hayek and Robbins Deepen the Great Depression?

Öz

Did Hayek and Robbins Deepen the Great Depression?

Öz

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