Audio Mises Daily

A
A
Home | Mises Library | The Fallacies of Nonmonetary Explanations of the Trade Cycle

The Fallacies of Nonmonetary Explanations of the Trade Cycle

  • Audio Mises Daily
July 2, 2010Ludwig von Mises

Tags Business CyclesMonetary TheoryValue and Exchange

A satisfactory explanation of business fluctuations must not be built upon the fact that individual firms make bad investments. Trade-cycle theory must explain the general upswing of business activities and the following general depression, writes Ludwig von Mises (1881–1973).

This audio Mises Daily is narrated by Jeff Riggenbach.

Follow Mises Institute