Why is the boom-and-bust cycle so persistent? Why did economists fail to predict the recent economic meltdown--or to pull us out of the crisis more quickly? And how can we prevent future calamities?
Mainstream economics has no adequate answers for these pressing questions. In the powerful and eye-opening new book It Didn’t Have to Be This Way, Harry Veryser shows how the Austrian School of economic provides the proper alternative to the failed interventionist approach: liberty, private property, and the unhampered market.
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Harry Veryser has served as director of the graduate program in economics at the University of Detroit Mercy and as chairman of Walsh College’s Department of Economics and Finance. He is author of It Didn’t Have to Be This Way: Why Boom and Bust Is Unnecessary—and How the Austrian School of Economics Breaks the Cycle.
