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Are Technology Shocks Responsible for Business Cycles? In a Word, No.

IMG Auteur
Frank Shostak
 
Published : June 16th, 2022
40 words - Reading time : less than a minute
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Category : Editorials
24hGold - Are Technology Shock...

The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect.

Original Article: "Are Technology Shocks Responsible for Business Cycles? In a Word, No."

This Audio Mises Wire is generously sponsored by Christopher Condon. 
Source : mises.org
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Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.
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