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Does Capitalism Itself Create Economic Instability or Is Central Banking the Culprit?

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Frank Shostak

Published : September 26th, 2022

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Category : Editorials


	Post-Keynesians believe that capitalism is internally unstable, leading to necessary intervention by the central bank. Austrians see that as backward reasoning, as policies by the central bank to create credit from nothing is the problem. Original Article: "Does Capitalism Itself Create Economic Instability or Is Central Banking the Culprit?" This Audio Mises Wire is generously sponsored by Christopher Condon.

Source : mises.org

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Frank Shostak 13 abonnés

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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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