Visualizing The Boom-Bust Cycle with Roger Garrison

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Tags: Business Cycles

03/21/2026 Robert P. Murphy

In memory of Roger Garrison, Bob walks through Garrison’s famous capital-based macroeconomics diagrams, showing how they translate the Mises-Hayek theory of the boom-bust cycle into the language of modern macroeconomics.

Related:

Roger Garrison, The Austrian Theory of the Business Cycle: Mises.org/HAP542a
Roger Garrison, Austrian Macroeconomics: A Diagrammatical Exposition: Mises.org/HAP542b
The Diagrams Referenced in the Podcast: Mises.org/HAP542c

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