Peter Boettke on the Austrian Perspective on Business Cycles and Monetary Policy

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4.7 • 4.4K Ratings

🗓️ 5 January 2009

⏱️ 64 minutes

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Summary

Peter Boettke, of George Mason University, talks with EconTalk host Russ Roberts about the Austrian perspective on business cycles, monetary policy and the current state of the economy.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:12.5	I'm your host Russ Roberts of George Mason University and Stanford University's Hoover
0:17.3	Institution.
0:18.7	Our website is econtalk.org, where you can subscribe, find other episodes, comment on this podcast,
0:25.8	and find links to other information related to today's conversation.
0:29.9	Our email address is mailadicontalk.org, we'd love to hear from you.
0:38.7	Before we start this week's podcast, we want to let our listeners know that Econ Talk
0:43.4	is a 2008 Weblog Awards finalist in the category of Best Podcast.
0:49.0	Voting begins today, January 5, 2009, and continues through January 12.
0:54.7	You can vote once a day.
0:57.0	To vote, visit our homepage econtalk.org.
1:01.0	There you'll find a link in the upper left hand corner of the page that will let you
1:04.1	vote.
1:05.1	Thanks for voting, and thanks for listening, and now for this week's podcast.
1:10.8	I guess today is my colleague here at George Mason University, Pete Betke.
1:15.1	Pete, welcome back to Econ Talk.
1:17.0	Thanks, Russ.
1:18.0	Glad to be here.
1:19.0	Our topic for today is the Austrian Theory of Business Cycles, and the role of monetary
1:24.6	policy in the cycle of phenomenon, and I'm fascinated, as someone who knows virtually
1:33.4	nothing about it, I'm Austrian on the microside, becoming increasingly so through my interest
1:40.9	in Hayek.
	...

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