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Many of the articles on A-equals-A.com are rooted in Austrian economic theory. For anyone interested in learning the basics of Austrian theory (as well as gaining an understanding of what differentiates Austrian economics from the mainstream approach), Mises.org published an article titled A Primer on Austrian Economics by Jonathan Catalan this past Friday. Jonathan is a very clear writer. This is a great article covering the basics of Austrian theory as well as a brief history of the Austrian school. I'm taking a class right now on the Theory of the Business Cycle and promise that understanding the Austrian theory of the causes of the cyclical economic booms and busts ending in recession is very relevant to understanding the financial crisis today. 

"With an ongoing financial crisis and an impending greater crash, there is no better time to become aware of the consequences of interventionism." - Jonathan Catalan

I think you will enjoy Johnathan Catalan's article: A Primer on Austrian Economics.


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Click here to read my description of the Boom/Bust Business Cycle.

Click here to read my essay Austrian Economics Booms in Popularity, Busts Mainstream Myths.

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