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- As Dan Kurz of DK Analytics points out, the federal government would have a difficult time even paying the interest on the debt in a “normalized” interest rate environment. http://bit.ly/2imzvbt http://bit.ly/2k7GtkT
- Securing Better Money Through Currency Competition
- China, as well as other countries including Russia, desperately want to reduce their dependence on the dollar. http://bit.ly/2y4vbEo
- Discussion forum: The Continuing Relevance of Anthony de Jasay | by Christopher J. Coyne (Sept. 3, 2015)
- Chris Martenson of http://bit.ly/2qZEIV8 called the current US and global financial system "deeply unfair." http://bit.ly/2pk1Jpt
- More Fed flops this week. See what new antics they’ve been up to in #FedUpFriday: https://t.co/4mSAvOz3m9
- Science Isn’t Broken. It’s just a hell of a lot harder than we give it credit for. | by Christie Aschwanden. "..headlines that read 'weak, unreplicated study finds tenuous link between certain vegetables and cancer risk' don’t fly off the newsstands.."
- A Rush to Judge Gold
- I spent a lot of time watching coverage on CNBC as the market plummeted. Everybody acted shocked. If they had listened to my podcast last week, they wouldn’t have been surprised. They would have expected it. http://bit.ly/2BeVwQz
- My new Gold Videocast @SchiffGold – Rate Hike or No, Dec. Fed Meeting Will Be Bullish for Gold https://t.co/C90E0kSt14
Friday, May 13, 2016
Business cycle theory discussion
I understand general principles of Austrian business cycle theory which are briefly described in [wiki article](http://ift.tt/1fGSTbp). Actually this theory wasn't confirmed with empirical research or was even rejected. So I'm interested if there are any alternative business cycles theories which where confirmed by empirical researches? If yes, then what are their causes and periodicity?