Quarterly Journal of Austrian Economics
Author:
Lowell E. Gallaway
Online Publish Date:
Volume 3, No. 3 (Fall 2000) The conventional wisdom proposition suggested by Galbraith that there is endemic instability in a market-based economy that can be remedied only by government policy interventions is inappropriate. Also, it is clear that Mises’s vision of the nature of the macroeconomy is substantiated by our findings. The