The Austrian take on the Boom & Bust Cycle
In the past few episodes we've talked about a number of different economic theories about the trade cycle and the Fed's role in it. Today the Austrians have their say. We interview L. Carlos Lara (CEO of United Services & Trust Corporation) and Professor Robert P. Murphy (of Texas Tech), fellow podcasters and experts on Austrian economics, to get the lowdown of the self-styled heterodox school of economics.
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