Thornton, Mark
The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century
- ISBN 13:
- 9781610166843
- author:
- Thornton, Mark
- format:
- Paperback
- publisher:
- Ludwig Von Mises Institute
- language:
- English
- Publication Year:
- 2018
- Pages:
- 278
- Dimensions:
- 22.9 x 15.2 x 1.5 centimetres (0
- Genre:
- Business, Economics, General,
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
The Skyscraper Curse And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton Dr. Mark Thornton's book offers a unique perspective on the business cycle, explaining why Austrian economists are uniquely equipped to understand the complexities of booms and busts. This accessible work makes business cycle theory relevant to a new generation of readers, particularly those in the financial sector. The author's work has been featured in prominent outlets such as the Wall Street Journal, Bloomberg, and Forbes, and his Skyscraper Index theory draws a clear connection between loose monetary policy, artificially low interest rates, and the consequences of vanity construction projects. A warning about the dangers of overheated equity markets, over-inflated housing prices, and clueless central bankers, this book is a timely reminder of the importance of sound economic principles.
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