Home  Journals  Finance and Credit  34(514) - 2012 September

Crisis of modern economic policy and lessons of the Austrian school

Available online: 21 September 2012

Subject Heading: MONETARY POLICY

JEL Classification: 

In the article it is noted that in the conditions of the world crisis the modern institutes of regulation try to involve the monetarist receptions and methods of direct intervention in the economy that doesn't give visible results. The main criticism of base theoretical concepts - monetarism and keynesianism contains in works of economists of the Austrian school. Anti-crisis actions of the world leading countries are analyzed and miscalculations in realization of economic policy are noted.

Keywords: monetarism, Keynesianism, Austrian school, economic policy, anti-crisis measures

View all articles of issue

ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

Journal current issue

Vol. 30, Iss. 4 April 2024

Archive