The rational expectations of bankers and speculators should, if anything, exacerbate the cycle.
Sean Rosenthal
Sean Rosenthal is a graduate of Georgetown University. As an avid reader of liberty, he considers his main intellectual inspirations to be Frederic Bastiat, F.A. Hayek, Henry Hazlitt, Rose Wilder Lane, Ludwig von Mises, Robert Nozick, and Murray Rothbard. He attends the Boston University School of Law.
Latest work
In a recent New York Times op-ed piece called “The Austerity Debacle,” columnist Paul Krugman notes how policies in Britain have failed to bring about an economic recovery. In doing so, he contends...
