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Source link: http://archive.mises.org/6449/crises-and-cycles/

Crises and Cycles

March 29, 2007 by

Many people are going to be very happy that this impossible-to-get book is now online: Crises and Cycles, by Wilhelm Röpke (1936) It is an early defense of the Austrian cycle theory, very thorough and competent, written before Röpke’s foray into social theory. It is excellent on the cause of the crisis, and carefully argued. It can be seen as a counter to Keynes in every way. It is not as good on the question of the solution: he recommends reflation as a response to deflation. Still it is an important book, and much sought after.

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