Why Central Bankers Are Liars

Tags: Monetary Theory, The Fed, Global Economy

06/25/2013 Mark Thornton

Interviewed by host Scott Horton, Mark Thornton talks about the increasingly popular and mainstream Austrian school of economics, how sound economic theory leads to a thorough understanding of foreign and monetary policy, and more.

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.