During the early 1930s, there was a great deal of interest, in the United States and Great Britain, in Mises's theory of the trade cycle, an interest unfortunately nipped in the bud by the excitement surrounding the "Keynesian Revolution."
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"Problems in the Austrian theory of the trade cycle," §7 of "The Positive Theory of the Cycle," ch. 1 of "Business Cycle Theory," pt. 1 of America's Great Depression, 5th ed. (Auburn, AL: The Ludwig von Mises Institute, 2000; orig. 1963), p. 32.