{"id":"https://openalex.org/W84187639","doi":"https://doi.org/10.62374/ffc67k29","title":"Tyler Cowen on Austrian Business Cycle Theory: A Critique","display_name":"Tyler Cowen on Austrian Business Cycle Theory: A Critique","publication_year":2006,"publication_date":"2006-10-26","ids":{"openalex":"https://openalex.org/W84187639","doi":"https://doi.org/10.62374/ffc67k29","mag":"84187639"},"language":"en","primary_location":{"id":"doi:10.62374/ffc67k29","doi":"https://doi.org/10.62374/ffc67k29","is_oa":true,"landing_page_url":"https://doi.org/10.62374/ffc67k29","pdf_url":"https://nppe.eu/journal/article/download/24/25","source":{"id":"https://openalex.org/S959550399","display_name":"New Perspectives on Political Economy","issn_l":"1801-0938","issn":["1801-0938","1804-6290"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","erih-plus"],"host_organization":"https://openalex.org/P4310314345","host_organization_name":"CEVRO Institut","host_organization_lineage":["https://openalex.org/P4310314345"],"host_organization_lineage_names":["CEVRO Institut"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"New Perspectives on Political Economy","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://nppe.eu/journal/article/download/24/25","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5089785636","display_name":"William A. Barnett","orcid":"https://orcid.org/0000-0002-1280-2663","observed_orcids":["https://orcid.org/0000-0002-1280-2663"]},"institutions":[{"id":"https://openalex.org/I173012211","display_name":"Loyola University New Orleans","ror":"https://ror.org/051f75a52","country_code":"US","type":"education","lineage":["https://openalex.org/I173012211"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"William Barnett II","raw_affiliation_strings":["Joseph A. Butt, S.J. College of Business Administration; Loyola University New Orleans"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Joseph A. Butt, S.J. College of Business Administration; Loyola University New Orleans","institution_ids":["https://openalex.org/I173012211"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5081316182","display_name":"Walter E. Block","orcid":"https://orcid.org/0000-0003-2215-4791","observed_orcids":["https://orcid.org/0000-0003-2215-4791"]},"institutions":[{"id":"https://openalex.org/I173012211","display_name":"Loyola University New Orleans","ror":"https://ror.org/051f75a52","country_code":"US","type":"education","lineage":["https://openalex.org/I173012211"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Walter Block","raw_affiliation_strings":["Joseph A. Butt, S.J. College of Business Administration; Loyola University New Orleans"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Joseph A. Butt, S.J. College of Business Administration; Loyola University New Orleans","institution_ids":["https://openalex.org/I173012211"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I173012211"],"apc_list":null,"apc_paid":null,"fwci":2.0164,"has_fulltext":true,"cited_by_count":13,"citation_normalized_percentile":{"value":0.89785126,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"02","issue":"2","first_page":"26","last_page":"85"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.5449000000953674,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.5449000000953674,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.32519999146461487,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.09700000286102295,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/austrian-business-cycle-theory","display_name":"Austrian business cycle theory","score":0.8859999775886536},{"id":"https://openalex.org/keywords/inflation-volatility","display_name":"inflation volatility","score":0.7329999804496765}],"concepts":[{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.3838176727294922},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.36406344175338745},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.35277774930000305},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3365069031715393},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.3294254541397095}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.62374/ffc67k29","doi":"https://doi.org/10.62374/ffc67k29","is_oa":true,"landing_page_url":"https://doi.org/10.62374/ffc67k29","pdf_url":"https://nppe.eu/journal/article/download/24/25","source":{"id":"https://openalex.org/S959550399","display_name":"New Perspectives on Political Economy","issn_l":"1801-0938","issn":["1801-0938","1804-6290"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","erih-plus"],"host_organization":"https://openalex.org/P4310314345","host_organization_name":"CEVRO Institut","host_organization_lineage":["https://openalex.org/P4310314345"],"host_organization_lineage_names":["CEVRO Institut"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"New Perspectives on Political Economy","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.62374/ffc67k29","doi":"https://doi.org/10.62374/ffc67k29","is_oa":true,"landing_page_url":"https://doi.org/10.62374/ffc67k29","pdf_url":"https://nppe.eu/journal/article/download/24/25","source":{"id":"https://openalex.org/S959550399","display_name":"New Perspectives on Political Economy","issn_l":"1801-0938","issn":["1801-0938","1804-6290"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","erih-plus"],"host_organization":"https://openalex.org/P4310314345","host_organization_name":"CEVRO Institut","host_organization_lineage":["https://openalex.org/P4310314345"],"host_organization_lineage_names":["CEVRO Institut"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"New Perspectives on Political Economy","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.6499999761581421}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W84187639.pdf","grobid_xml":"https://content.openalex.org/works/W84187639.grobid-xml"},"referenced_works_count":57,"referenced_works":["https://openalex.org/W40048283","https://openalex.org/W151311778","https://openalex.org/W569764384","https://openalex.org/W622569643","https://openalex.org/W1488621272","https://openalex.org/W1519733051","https://openalex.org/W1529556180","https://openalex.org/W1542674230","https://openalex.org/W1547908092","https://openalex.org/W1580338118","https://openalex.org/W1583720686","https://openalex.org/W1586286259","https://openalex.org/W1588142672","https://openalex.org/W1966988150","https://openalex.org/W1984246120","https://openalex.org/W1992130204","https://openalex.org/W2014226439","https://openalex.org/W2031071394","https://openalex.org/W2031381735","https://openalex.org/W2034010344","https://openalex.org/W2048817017","https://openalex.org/W2049048803","https://openalex.org/W2053972355","https://openalex.org/W2065950363","https://openalex.org/W2079237769","https://openalex.org/W2082464894","https://openalex.org/W2084392548","https://openalex.org/W2090576597","https://openalex.org/W2101104124","https://openalex.org/W2130388064","https://openalex.org/W2139578715","https://openalex.org/W2143507351","https://openalex.org/W2150397160","https://openalex.org/W2151871081","https://openalex.org/W2252953284","https://openalex.org/W2254740075","https://openalex.org/W2315122551","https://openalex.org/W2323280289","https://openalex.org/W2345942450","https://openalex.org/W2510555687","https://openalex.org/W2885817471","https://openalex.org/W3121246877","https://openalex.org/W3122096896","https://openalex.org/W3150005768","https://openalex.org/W4234602017","https://openalex.org/W4238136018","https://openalex.org/W4239269115","https://openalex.org/W4245208278","https://openalex.org/W4248185711","https://openalex.org/W4253779485","https://openalex.org/W4285719527","https://openalex.org/W4400458988","https://openalex.org/W6601657841","https://openalex.org/W6704774791","https://openalex.org/W6777738796","https://openalex.org/W6998606790","https://openalex.org/W7075665578"],"related_works":["https://openalex.org/W264837383","https://openalex.org/W4399430504","https://openalex.org/W6998768261","https://openalex.org/W1987029516","https://openalex.org/W2010285901","https://openalex.org/W7137100816","https://openalex.org/W2766430562","https://openalex.org/W7097091340","https://openalex.org/W2993098811","https://openalex.org/W7113763638"],"abstract_inverted_index":{"Cowen":[0],"(1997)":[1],"criticizes":[2],"Austrian":[3],"Business":[4],"Cycle":[5],"Theory":[6],"(ABCT)":[7],"on":[8],"eight":[9],"grounds:":[10],"1.":[11],"systematic":[12],"errors;":[13],"2.":[14],"inflation":[15,20,26],"volatility;":[16],"3.":[17],"confusion":[18,24],"of":[19,25,34,43,48,56],"and":[21,27,59],"savings;":[22],"4.":[23],"investment;":[28],"5.":[29],"real":[30],"vs.":[31],"nominal":[32],"rates":[33],"interest;":[35],"6.":[36],"interest":[37,44],"rate":[38],"information;":[39],"7.":[40],"investor":[41],"interpretation":[42],"rates;":[45],"8.":[46],"validation":[47],"inflationary":[49],"investments.":[50],"The":[51],"present":[52],"paper":[53],"rejects":[54],"all":[55],"these":[57],"claims,":[58],"defends":[60],"ABCT":[61],"against":[62],"them.":[63]},"counts_by_year":[{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":4},{"year":2012,"cited_by_count":3}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
