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Austrian Macroeconomics - Ludwig von Mises Institute

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Effect," Economica, IX, No. 34 (new ser.; May 1942): pp. 127-52 reprinted<br />

in Hayek, Individualism and Economic Order (Chicago: Henry<br />

Regnery Co., 1972) pp. 220-54, and Hayek, "Three Elucidations ofthe<br />

Ricardo Effect,"JournalofPoliticalEconomy, 77 (March/April 1969): pp.<br />

274-85.<br />

54. Rothbard, America's Great Depression, p. 19. Also see Lionel Robbins,<br />

The GreatDepression (London: The MacMillan Co., Ltd., 1934), pp.<br />

30-54.<br />

55. Thomas F. Dernburg and Duncan M. McDougal, <strong>Macroeconomics</strong><br />

(New York: McGraw-Hill Book Co., 1968), p. 161.<br />

56. Gardner Ackley, Macroeconomic Theory (Toronto: The Macmillan<br />

Co., 1969), p. 347.<br />

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39

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