BEGINNER

Depression

FEBRUARY 24, 2013

Broadly, a downturn in the economy where real (inflation adjusted) income shrinks. Depressions are commonly observed at the national level. Some major causes of depressions include misallocation of capital, increased uncertainty, and supply shocks.

Ben Powell - The Great Boom and Bust

 

Paul Cwik - Austrian Theory of the Business Cycle

Related Multimedia

MULTIMEDIA - VIDEO

The Great Boom and Bust

NOVEMBER 14, 2012 by BENJAMIN POWELL

On June 21, 2011 Ben Powell, Associate Professor of Economics at Suffolk University, lectured at the Freedom University: Current Events Seminar. In this video Ben discusses the Housing Boom and Bust.

Directed by Brian Aitken and produced by Steven Patterson for FEE.tv: Freedom in HD.

MULTIMEDIA - VIDEO

FDR and the Great Depression

MARCH 22, 2011

MULTIMEDIA - VIDEO

Austrian Theory of the Business Cycle

MARCH 01, 2011

MULTIMEDIA - VIDEO

Macroeconomics: The Boom and Bust Cycle

OCTOBER 02, 2009

MULTIMEDIA - AUDIO

Capitalism, Liberty and the Business Cycle

SEPTEMBER 04, 2009

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Phase I - The Business Cycle

APRIL 17, 2009

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November 2014

It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
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