"A fascinating new book" - John M. Mason, Seeking Alpha
"Thomas Aubrey, a credit analyst, argues that investors have been led astray by the belief that economic growth drives asset-market returns . . . instead, investors should focus on the credit cycle." - The Economist
"Can modern-day Austrians use advanced financial techniques to more accurately predict a crash? U.K. financial consultant Thomas Aubrey has devised a method in his great new book . . . Aubrey focuses on the credit cycle as a way of determining whether to be bullish or bearish . . . It appears to be the first book-length effort to apply Austrian/Swedish finance theory." - Mark Skousen, Markskousen.com
"This book is learned, witty and convincing. Mr Aubrey draws adroitly from historical data and the history of economic thought to discredit much of 'modern' macroeconomic thinking. Rather, he supports a 'Neo-Wicksellian' view that puts credit and leverage at the heart of serious economic downturns. His practical guidance to asset managers, hoping to profit from identifying emerging disequilibria, is an added bonus." - Dr. William White, Chairman of the Economic and Development Review Committee, OECD and former Economic Advisor for the Bank for International Settlements
"Thomas Aubrey has done an impossible thing. He has used good but somewhat forgotten theory to the practical purpose of telling people who may wish to invest how to avoid the pitfalls of boom and bust. Hisbook is readable and useful and he argues his case convincingly. Read him and you may learn more than just good economics." - Professor Meghnad Desai, London School of Economics and Political Science
"The ideas of Knut Wicksell - Sweden's most famous economist - have come to play a central part in modern economists' understanding of the business cycle. In Profiting from Monetary Policy Thomas Aubrey performs the much-needed service of bringing those same ideas to the attention of investors, so as to better enable them to anticipate, withstand, and even profit from, financial booms and busts." - George Selgin, Professor of Economics, University of Georgia and Senior Fellow, The Cato Institute.
"A useful post-crisis read which uses economic theory to explain boom and bust." - Stephanie Hawthorne, Pensions World