The Austrian School的意思|示意

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。

Over the next decades the MPS spawned scores of think-tanks around the world dedicated to spreading the word of the Austrian school.

在随后的数十年间，朝圣山学社给世界各地培养了几十个致力于传播奥地利学派思想的智库。

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。

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。

Thus it is of great practical significance to follow the historical trace of the Austrian school and think about the contemporary problems deeply by combining with its theoretical features.

因此，追寻奥地利学派历史踪迹，并结合其理论特色对当代问题进行深刻反思极具现实意义。

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。