Why Government Relief Spending Only Makes the Recession Worse

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01/03/2025 Robert P. Murphy

Bob walks through diagrams from Hayek’s famous LSE lectures to explain the Austrian view of the boom-bust cycle.

The Diagrams Referenced in this Episode: Mises.org/HAP481a
Hayek’s Prices and Production: Mises.org/HAP481b
Rothbard’s Man, Economy, and State: Mises.org/HAP481c
Bob’s Study Guide to Man, Economy, and State: Mises.org/HAP481d
Roger Garrison’s PowerPoint on the Hayekian Triangle: Mises.org/HAP481e

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

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