Austrian Economics, Money and Finance
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Cost
Paid
Published
2017
Updated
2019
Full Name
Austrian Economics, Money and Finance: Banking, Money and International Finance
Austrian Economics, Money, and Finance investigates the problems associated with mainstream monetary economics and finance and proposes alternatives based on the Austrian school of economics. It explores the need for a new theoretical foundation for asset pricing and investment management that will give practitioners more useful orientation.
In monetary economics, the Austrian school regards the creation of money by banks through credit extension as a key source of economic instability.
In finance, the Austrian school rejects the notion of rational expectations and measurable risk.
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