"A few weeks ago, a journalist devoted a substantial part of a profile of yours truly to my failure to pay due attention to the "Austrian theory" of the business cycle—a theory that I regard as being about as worthy of serious study as the phlogiston theory of fire."
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Original Language: English
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Paul Krugman, "The Hangover Theory", Slate (Dec. 4, 1998)
https://en.wikiquote.org/wiki/Austrian_business_cycle_theory
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Austrian business cycle theory
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