Modern macroeconomists in the Austrian tradition can be divided into two groups: Rothbardians and monetary equilibrium (ME) theorists. It is from this latter perspective that we consider the events of the last few years. We argue that the primary source of business fluctuation is monetary...

Frank Decker provides an introduction to the vast work of Gunnar Heinsohn and Otto Steiger in this first English edition. Ownership Economics (Eigentumsökonomik) is a condensed version of Heinsohn and Steiger's Ownership, Interest and Money: Unresolved Mysteries in Economic Theory (Eigentum,...