<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The purpose of the article is to examine the post-pandemic business cycle in Poland and in the United States in the light of the Austrian business cycle theory. The study shows that this theory satisfactorily explains the post-pandemic business cycle. Moreover, it seems that the Austrian business cycle theory explains some important facts better than competing theories of business cycle. The analysis also indicates that the post-pandemic business cycle differs significantly in many respects from previous business cycles – and that these differences could be explained within the framework of the Austrian business cycle theory.</p>
</abstract>

The purpose of the article is to examine the post-pandemic business cycle in Poland and in the United States in the light of the Austrian business cycle theory. The study shows that this theory satisfactorily explains the post-pandemic business cycle. Moreover, it seems that the Austrian business cycle theory explains some important facts better than competing theories of business cycle. The analysis also indicates that the post-pandemic business cycle differs significantly in many respects from previous business cycles – and that these differences could be explained within the framework of the Austrian business cycle theory.

Post-Pandemic Business Cycle in Poland and in the United States in the Light of the Austrian Business Cycle Theory

Studies in Logic, Grammar and Rhetoric

This work is licensed under the Creative Commons Attribution 4.0 International License.

The purpose of the article is to examine the post-pandemic business cycle in Poland and in the United States in the light of the Austrian business cycle...

Post-Pandemic Business Cycle in Poland and in the United States in the Light of the Austrian Business Cycle Theory

Data publikacji: 31 gru 2023

Zakres stron: 229 - 259

DOI: https://doi.org/10.2478/slgr-2023-0012

Słowa kluczowe
Austrian business cycle theory, Austrian school of economics, business cycle, inflation, Covid-19 recession, money supply, pandemic, post-pandemic business cycle

© 2023 Mateusz Benedyk et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Post-Pandemic Business Cycle in Poland and in the United States in the Light of the Austrian Business Cycle Theory

Data publikacji: 31 gru 2023

Zakres stron: 229 - 259

DOI: https://doi.org/10.2478/slgr-2023-0012

Słowa kluczoweAustrian business cycle theory, Austrian school of economics, business cycle, inflation, Covid-19 recession, money supply, pandemic, post-pandemic business cycle

© 2023 Mateusz Benedyk et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Słowa kluczowe
Austrian business cycle theory, Austrian school of economics, business cycle, inflation, Covid-19 recession, money supply, pandemic, post-pandemic business cycle