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Monetary Central Planning and the State

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Abstract

This first book offers a detailed explanation of the Austrian theory of money and the business cycle in comparison to the Keynesian and Monetarist approaches, including in the context of an analysis of the causes, consequences and cures for the Great Depression of the 1930s. The second part of the volume critically analyzes the political and economic cases for central banking and offers the case for competitive free banking in its place for a modern market economy.
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