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  • Lucas M. Engelhardt

Lucas M. Engelhardt

Tags Business CyclesCapital and Interest Theory

Works Published inSpeeches and PresentationsMises Daily ArticleThe Journal of Libertarian StudiesQuarterly Journal of Austrian Economics

Lucas M. Engelhardt, a Fellow of the Mises Institute, received his PhD in economics from The Ohio State University, and is currently an associate professor at Kent State University's Stark campus. He received the 2018 Gary G. Schlarbaum Prize for Excellence in Research and Teaching. His work mainly centers on attaining a deeper understanding of the connection between business cycle theory and other subdisciplines in economics. For more information visit

All Works

Pandemic Wage Observations

01/31/2022Power & Market
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Keynesian Supply Shocks and Hayekian Secondary Deflations

KeynesBusiness Cycles

11/19/2021Quarterly Journal of Austrian Economics
Long-standing policy advice based on Austrian business cycle theory would be useful in responding to Keynesian supply shocks—aggregate supply shocks that lead to even larger aggregate demand shocks.
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What Is Modern Monetary Theory?

Monetary TheoryOther Schools of Thought

08/10/2021Mises Media
In this lecture from 2021's Mises University, Lucas Engelhardt summarizes the basics of Modern Monetary Theory (MMT), its consequences, and the strange ideology behind it. Presented at Mises University 2021.
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