THE ECONOMIC EFFECTS OF THE PANDEMIC: AN AUSTRIAN ANALYSIS

Abstract

This paper analyses the economic effects of the current Covid-19 pandemic from the point of view of the Austrian School of Economics from a triple perspective: 1) the theory of capital and productive structure; 2) the theory of dynamic efficiency and the impossibility of socialism; and 3) the theory of money and financial markets. Keywords: Covid-19 pandemic, Austrian School of Economics. JEL Classification: H12, E14, E2, E3, E4, E5.