In the above example, Austrian School adherents would point out the following.

在上面的例子中，奥地利学派的追随者会指出以下几点。

youdao

Modern Austrian school emphasize the unneutrality of money, the disturbance of money change the time structure of production, and lead to economic cyclical fluctuation.

按照奥地利学派的理论，货币是非中性的，货币的扰动改变了生产的时间结构，最终导致了经济的周期波动。

youdao

The economy is vulnerable to what economists of the Austrian school of economics terms a “secondary deflation,” where banks call in loans and are stingy about extending credit.

而经济很容易遭受奥地利学派经济学家们所说的“再通货紧缩”（secondary deflation）的冲击，即银行急于收回贷款，紧缩信贷。

youdao

Therefore, none of these has any interest in following the ideas of the Austrian school.

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The Austrian school of economics notes that information is widely diffuse, making central planning of the economy virtually impossible.

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Brown is of the Austrian School, but throughout advocates a return to monetarism.

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