The Great Depression

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Austrian Business Cycle Theory

  • The Great Depression: Colorado Mises Circle

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10/28/2014Thomas E. Woods, Jr.

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".

Austrian Business Cycle Theory | Tom Woods


Contact Thomas E. Woods, Jr.

Tom Woods, a senior fellow of the Mises Institute, is the author of a dozen books, most recently Real Dissent: A Libertarian Sets Fire to the Index Card of Allowable Opinion. Tom's articles have appeared in dozens of popular and scholarly periodicals, and his books have been translated into a dozen languages. Tom hosts the Tom Woods Show, a libertarian podcast that releases a new episode every weekday. With Bob Murphy, he co-hosts Contra Krugman, a weekly podcast that refutes Paul Krugman's New York Times column.

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