Gottfried Haberler Livres

Booms and busts are not endemic to the free market, argues the Austrian theory of the business cycle, but come about through manipulation of money and credit by central banks. In this monograph, Austrian giants explain and defend the theory against alternatives. Includes essays by Mises, Rothbard, Haberler, and Hayek. In his later years, Professor Haberler distributed many of these monographs to friends and associates. New edition with an introduction by Roger Garrison and an index.

This book has its origin in a resolution adopted by the Assembly of the League of Nations in September 1930 by which it was decided that an attempt should be made to co-ordinate the analytical work then being done on the problem of the recurrence of periods of economic depression. This book is divided into two parts. The first part contains a systematic analysis of existing theories; the second an attempt to weave from those theories a general synthesis. Dr. G. von Haberler, born 1900, studied economics and law at the Universities of Vienna and Bonn, obtained a Rockefeller Fellowship in 1928, and was later a Professor at the University of Vienna, and at the time of original publication of this study by the League of Nations in 1937 was Assistant Professor at Harvard University. From 1934-1936 he was a member of the Economic Intelligence Service of the League of Nations.