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Capital-based Macroeconomics

Posted By Don Boudreaux On June 4, 2013 @ 4:41 pm In State of Macro,Video | Comments Disabled

My dear old friend, fellow Atlanta Braves fan, and mentor Roger Garrison – from whom I’ve learned more macroeconomics than I’ve learned from anyone else – discusses in this hour-long lecture, from last summer, the Austrian theory of the business cycle capital-based macroeconomics.  (HT Art Carden [1])

I recommend to those of you with at least at bit of formal training in economics – and highly recommend to those of you with a great deal of formal training in economics (because you, especially, likely are in dire need of a healthy dose of reality-based macroeconomics) – Roger’s 2001 book, Time and Money [2].

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[1] Art Carden: http://econlog.econlib.org/archives/2013/06/keynes_v_hayek_1.html

[2] Time and Money: http://www.amazon.com/Time-Money-Macroeconomics-Foundations-ebook/dp/B000OT843W/ref=la_B001HMRPJO_1_1?ie=UTF8&qid=1370378372&sr=1-1

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