Why is the boom-and-bust cycle so persistent? Why did economists fail to predict the recent economic meltdown--or to pull us out of the crisis more quickly? And how can we prevent future calamities?
Mainstream economics has no adequate answers for these pressing questions. In the powerful and eye-opening new book It Didn’t Have to Be This Way, Harry Veryser shows how the Austrian School of economic provides the proper alternative to the failed interventionist approach: liberty, private property, and the unhampered market.
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Harry C. Veryser Jr. is an instructor of economics at the University of Detroit-Mercy and was previously the chairman of the Department of Economics and Finance at Walsh College in Troy, Mich. He is author of It Didn’t Have to Be This Way: Why Boom and Bust Is Unnecessary—and How the Austrian School of Economics Breaks the Cycle.
People everywhere are giving much more serious thought to foundational questions about the economy.
