Quarterly Journal of Austrian Economics
Author:
Mark Thornton
Online Publish Date:
Volume 8, No. 1 (Spring 2005) The skyscraper index, created by economist Andrew Lawrence shows a correlation between the construction of the world’s tallest building and the business cycle. Is this just a coincidence, or perhaps do skyscrapers cause business cycles? A theoretical foundation of “Cantillon effects” for the skyscraper index is