Mises Daily
Author:
Roger W. Garrison
Online Publish Date:
As reported in Alan Ebenstein’s recent biography (2001), “Mr. Fluctooations” emerged as Hayek’s nickname at LSE in the 1930s—because he so often used that word, pronouncing it each time with a heavy Austrian accent. And his lectures on industrial fluctuations were accompanied by a full complement of graphics that depicted the economy’s capital