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Mending the Meltdown: Fending off the Interventions and Resurrecting the Market


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  • Raj, Madhusudan


This paper gives an Austrian economics answer to the present world economic crisis. It uses the Austrian Business Cycle Theory to analyze the root causes of this crisis and then presents the real solution of this problem.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15693.

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Date of creation: 31 Dec 2008
Date of revision:
Publication status: Published in The India Economy Review Quaterly Issue: 31st December 2008.V(2008): pp. 38-44
Handle: RePEc:pra:mprapa:15693

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Keywords: Austrian Business Cycle Theory; ABCT; Gold Standard; Commodity money; Federal Reserve; Fractional Reserve Banking; Business Cycle; Time preference; Keynes; Economic meltdown; Financial crisis; Ludwig von Mises; Rothbard; Hazlitt;

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Cited by:
  1. Walter Block, 2011. "Destined For Failure: American Prosperity In The Age Of Bailouts," Romanian Economic Business Review, Romanian-American University, Romanian-American University, vol. 6(1), pages 189-216, March.
  2. Peter DiIorio & Walter E. Block, 2012. "And … it's gone: the economics of South Park's Margarita (housing bubble) episode," Humanomics: The International Journal of Systems and Ethics, Emerald Group Publishing, Emerald Group Publishing, vol. 28(1), pages 76-84, February.


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