Austrian Economics Explained on z420tv’s In the Clear With Amir


March 2, 2016—What is Austrian economics? How are Austrian predictions as accurate as they are? Learn from Dr. Mark Thornton of the Mises Institute

Boom and bust cycles created as a result of government intervention in the market, the housing bubble crash, the economics of drug prohibition, what the next potential bubble is that will burst, why oil prices are so low right now, and the insanity of negative interest rates are all discussed in this episode of In the Clear with Amir Zendehnam.

If you’re a Bernie Sanders fan, you’ll definitely learn a lot from this interview.

Mark Thornton is Senior Fellow at the Mises Institute. He serves as the Book Review Editor of the Quarterly Journal of Austrian Economics. His publications include The Economics of Prohibition (1991), Tariffs, Blockades, and Inflation: The Economics of the Civil War (2004), The Quotable Mises (2005), The Bastiat Collection (2007), An Essay on Economic Theory (2010), and The Bastiat Reader (2014).

What interests you about Austrian economics? Comment below!

The ‘Liberty Kids’ Interview: Taking on the GOP in LA
Why the Powerful Fear Austrian Economics, Love the Fed
Not the Onion: DEA Wants More Marijuana for its ‘Unanticipated Needs’