Mises Wire
Author:
Mark Thornton
Online Publish Date:
One of the few positive aspects of the back to back boom-busts episodes experienced by the U.S. and world economies is a renewed interest in the Mises-Hayek-Rothbard-Garrison-Salerno or Austrian business cycle theory (ABCT) coming first from the financial press and more recently from ‘mainstream’ macro economists. I recently showed how the renewed