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Unlike other schools of economic thought Austrian Economists can make useful predictions that can help individuals and businesses:
AN INVESTIGATION OF INVERTED YIELD CURVES
AND ECONOMIC DOWNTURNS:
This dissertation presents an answer to why the yield curve tends to invert one year before a recession.
http://mises.org/etexts/cwik-dissertation.pdf
Even in 1967, the one time there appeared to be a false positive, there was a mini recession (single quarter of contraction).
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