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Reading Mises: Economic Consequences of Cheap Money [Macropiece Theater, Ep. 174]
What does an expansionist monetary policy produce? Is it wise to lower the rate of interest so as to encourage economic activity? The classic text, by Ludwig von Mises. A reading, by Emil Kalinowski.
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One of the most notable economists and social philosophers of the twentieth century, Ludwig von Mises, in the course of a long and highly productive life, developed an integrated, deductive science of economics based on the fundamental axiom that individual human beings act purposively to achieve desired goals. Read by Emil Kalinowski. Art by David Parkins. Intro/outro is…
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