The Human Action Podcast

Home | Mises Library | Mark Thornton Explains Our Fake Economy

Mark Thornton Explains Our Fake Economy

Mark Thornton on Mises Weekends

Tags Booms and BustsThe Fed

07/16/2017Mark ThorntonJeff Deist

Dr. Mark Thornton joins Mises Weekends to explain the "business cycle" for what it really is: a series of booms (credit expansion) and busts (debt de-leveraging) engineered by central banks.

There's nothing natural, real, or sustainable about the current Yellen boom—so stay tuned for Mark's explanation of how it can all unravel.

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

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.

Contact Jeff Deist

Jeff Deist is former president of the Mises Institute. He is a writer, public speaker, and advocate for property, markets, and civil society. Jeff was chief of staff to Congressman Ron Paul. Contact: email; Twitter.