How Does an Economy Grow? Faculty Panel

10/08/2014 Mises Institute

Are we in a recovery? There has been no true recovery since 2008. Private savings rate went down to zero during the boom. Traditional savings rate of Americans has been ten percent.

Archived from the live Mises.tv broadcast, this question and answer period features Daniel J. Sanchez, Mark Thornton and Peter G. Klein, and was was presented at How Does an Economy Grow? A Seminar for High School and College Students. Special thanks to an anonymous donor for making this event possible.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.