Palgrave Macmillan, 2014. — 285 p. — ISBN: 978–1–137–33531–9.
Brian P. Simpson connects a wide range of macroeconomic topics that circle around business-cycle theories. His two volumes follow a natural sequence of analysis for someone who sees monetary policy as the reason for business cycles.
After offering a theoretical discussion of money, banking, and inflation, Simpson describes the Austrian Business Cycle Theory (ABCT), which is his main tool of analysis for the rest of the project. Next he applies ABCT to a range of historical cases, including the recession of the 1980s and the Great Depression.
Part I Theory
Money, Banking, and Inflation
How Does the Government Cause Inflation
What Causes the Business Cycle
In Defense of Austrian Business Cycle Theory
Part II Practice
The Recession of the Early 1980s
The Business Cycle in Late Twentieth-/Early Twenty-First-Century America
John Law’s Financial Scam and the South Sea Bubble
The Great Depression
The Business Cycle in America from 1900 to 1965.