VDM Verlag Foundations of Business Cycle Research: Volume I

Product Description The recent revival of academic interest in capital-based macroeconomics constitutes one of the most significant developments within the field of economics in recent times. In the first part of this 2-volume work, the author critically examines various conceptualizations of macroeconomic cyclicality from the perspective of capital-based macroeconomics. This work is situated at the crossroads of monetary theory, macroeconomics, and the new institutional economics. Review "Mr. Van den Hauwe has written the modern version of Haberler's Prosperity and Depression. In addition to providing a thorough investigation of the competing models of the business cycle, Mr. Van den Hauwe has also synthesized a vast literature in Austrian economics, constitutional economics and comparative institutional analysis to forge a capital-based macroeconomics. His effort is in many ways phenomenal...." Prof. Dr. Peter J. Boettke, George Mason University About the Author Ludwig M. P. VAN DEN HAUWE received his Ph.D. from the University of Paris. He currently lives in Europe.