Top Menu

Tag Archives | Over-Investment Theory

Over-Investment Theory of Business Cycle | Firm

In this article we will discuss about the over-investment theory of business cycle. Also learn about the criticisms of the theory. A major variant of the pure monetary theory of the business cycle is the over-investment theory developed by Prof. V. Hayek. According to him, the over-issue of bank credit at artificially low interest rates […]

hit counter