Defending the Austrian Explanation of the Great Depression from an Internet Attack
Scott Sumner will have to go back to the drawing board in his attempt to deny that there was any type of inflation during the 1920s.
Scott Sumner will have to go back to the drawing board in his attempt to deny that there was any type of inflation during the 1920s.
Presented by Bill Barnett at the Mises Circle in New Orleans, 5 November 2011.
Presented by Doug French at the Mises Circle in New Orleans, 5 November 2011.
Presented by Tom DiLorenzo at the Mises Circle in New Orleans, 5 November 2011.
Deleveraging is necessary to clean up the system and lay the foundations for solid economic expansion.
Austrian economists have long recognized that the economy is far more complex than simple models capture.
An increase in the quantity of money doesn't bring any general improvement of conditions.