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This Bust Wasn't Caused by a Virus

Audio Mises Wire

Tags Booms and BustsFinancial MarketsLabor and Wages

04/27/2020Mark Thornton

The COVID-19 panic may have sped up the beginning of this economic crisis, but the virus wasn’t the cause. The real cause of the crisis was the boom that came before it.

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Original Article: "This Bust Wasn't Caused by a Virus"

Note: The views expressed on are not necessarily those of the Mises Institute.

Contact Mark Thornton

Mark Thornton is the Peterson-Luddy Chair in Austrian Economics and a Senior Fellow at the Mises Institute. He is the book review editor of the Quarterly Journal of Austrian Economics, and has authored seven books and is a frequent guest on national radio shows.

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