Advances in Austrian Economics
The Dynamics of Intervention: Regulation and Redistribution in the Mixed Economy
Edited by
Emerald Group Publishing Limited
Volume
8
ISBN electronic:
978-1-84950-237-5
ISBN print:
978-0-76231-053-1
Series ISSN:
1529-2134
Publication date:
2004
Book Chapter
The Austrian view of depressions
Gordon Tullock
© Emerald Group Publishing Limited
2005
-
Published:2004
Citation
Gordon Tullock, 2004. "The Austrian view of depressions", The Dynamics of Intervention: Regulation and Redistribution in the Mixed Economy, Peter Kurrild-Klitgaard
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© Emerald Group Publishing Limited
2005
Perhaps I should begin with a little discussion of how I got involved with Austria to begin with. This will also include the rather bizarre way I got into economics. I was a student in the University of Chicago law school and they required all such students to take a one-quarter course in economics under Henry Simons, one of the founders of the Chicago school. He was a proponent of the view that depressions were caused by deflation. I found myself in complete agreement, and still am.
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