Dr. Mark Thornton joins Mises Weekends to explain the “business cycle” for what it really is: a series of booms (credit expansion) and busts (debt de-leveraging) engineered by central banks.
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Harry Browne on economic cause and effect. If you like the work here then please donate today. Follow us on Facebook and Twitter. Subscribe by email and never miss a post.
Mark Thornton on the possibility of the skyscraper curse wrecking havoc in the economy.
The Federal Reserve has subjected us to a constant economic roller-coaster ride. By artificially suppressing interest rates, they create illusory economic booms. Those illusions must always be shattered by an accompanying crisis and bust. Lives are destroyed, families are ruined, and the economy lies in shambles. The widespread suffering is totally unnecessary. Marshall oil spill
According to the economists of the Austrian School, artificial credit expansion is the primary factor behind the business cycle. Critics have tried to poke holes in the theory, but David Howden shows those holes are just an illusion. http://traffic.libsyn.com/tomwoodsshow/woods_06_08_2015_2.mp3 Source: Ep. 419 Austrian Business Cycle Theory: Answering the Critics | Tom Woods
Erin talks to Richard Ebeling – professor of ethics and free enterprise leadership at The Citadel. Richard tells us why Austrian economist Ludwig von Mises’ “Theory of Money and Credit” is more important than ever and gives us his taken on whether we’ll have another financial crisis. via  Henderson: ‘Net Neutrality won’t work’; Ebeling: […]
Tom Woods offers a simple explanation of Austrian Business Cycle Theory. Excerpted from his 2009 lecture entitled “Why You’ve Never Heard of the Great Depression of 1920.” via Austrian Business Cycle Theory | Tom Woods – YouTube.