61 - Steve Horwitz on Monetary Disequilibrium and Austrian Business Cycle Theory

61 - Steve Horwitz on Monetary Disequilibrium and Austrian Business Cycle Theory

Steven Horwitz is a professor of economics at Ball State University and a senior affiliated scholar at the Mercatus Center at George Mason University. He joins the show to discuss monetary disequilibrium (the condition when the supply and demand for money are not aligned, which leads to either inflation or deflation). David and Steve also examine Austrian Business Cycle Theory – a theory of how "malinvestment" caused by bad policy leads to an unsustainable boom and inevitable bust. Steve also explains how monetary disequilibrium led to the Great Recession and offers some solutions for minimizing business cycles in the future. David's blog: http://macromarketmusings.blogspot.com/ Steve Horwitz's personal website: http://myslu.stlawu.edu/~shorwitz/ Steve Horwitz's Mercatus profile: https://www.mercatus.org/steven-horwitz David's Twitter: @DavidBeckworth Related links: *Microfoundations and Macroeconomics: An Austrian Perspective* by Steven Horwitz https://www.amazon.com/Microfoundations-Macroeconomics-Perspective-Steven-Horwitz/dp/0415569575 "An Introduction to U.S. Monetary Policy* by Steven Horwitz https://www.mercatus.org/publication/introduction-us-monetary-policy

Episoder(546)

Brian Albrecht on Business Dynamism, Greedflation, and Antitrust

Brian Albrecht on Business Dynamism, Greedflation, and Antitrust

Brian Albrecht is the chief economist for the International Center for Law & Economics and is the coauthor of the economics newsletter Economic Forces. In Brian's first appearance on the show, he disc...

3 Feb 202556min

The Fed Framework Review: Macro Musings' Greatest NGDP Targeting Hits

The Fed Framework Review: Macro Musings' Greatest NGDP Targeting Hits

On this special greatest hits compilation episode our host David Beckworth primes listeners for the Fed Framework Review by highlighting the best snippets from past shows discussing nominal GDP target...

27 Jan 20251h 5min

Peter Conti-Brown on the Fed under Trump 2.0, Reforming the Discount Window, and Providential Moments

Peter Conti-Brown on the Fed under Trump 2.0, Reforming the Discount Window, and Providential Moments

Peter Conti-Brown is a historian and legal scholar of the Federal Reserve System and an associate professor at the Wharton School of Business at the University of Pennsylvania. Peter returns to the po...

20 Jan 20251h

David Bahnsen on the Incoming Trump Administration and the Financialization of the US Economy

David Bahnsen on the Incoming Trump Administration and the Financialization of the US Economy

David Bahnsen is a Wall Street veteran and currently is the managing director of The Bahnsen Group. In David's first appearance on the podcast, he talks through multiple questions about the incoming T...

13 Jan 202554min

Marijn Bolhuis on Fiscal R-star and its Implications for Macroeconomic Policy

Marijn Bolhuis on Fiscal R-star and its Implications for Macroeconomic Policy

Marijn Bolhuis is an economist in the World Economic Studies Division of the IMF's research department. In Marijn's first appearance on the podcast he discusses his new paper, which introduces the ide...

6 Jan 202552min

Macro Musings 2024 Retrospective

Macro Musings 2024 Retrospective

David Beckworth and producer Sam Alburger dive into the last year of Macro Musings. They pick their favorite episodes, discuss how the year 2024 will be remembered in the macroeconomic history, highli...

30 Des 202437min

George Selgin on Strategic Bitcoin Reserves, Debanking, and the Fed's Framework Review

George Selgin on Strategic Bitcoin Reserves, Debanking, and the Fed's Framework Review

George Selgin is a senior fellow and director emeritus of the Center for Monetary and Financial Alternatives at the Cato Institute. George is also a returning guest to the program, and he rejoins Davi...

23 Des 20241h

Joey Politano on the AI Investment Boom and Trends in Economic Growth

Joey Politano on the AI Investment Boom and Trends in Economic Growth

Joey Politano is an economist and a commentator who writes a popular Substack newsletter on economics. Joey is also a returning guest to Macro Musings, and he rejoins David to talk about the AI invest...

16 Des 202454min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
pengepodden-2
finansredaksjonen
utbytte
rss-politisk-preik
livet-pa-veien-med-jan-erik-larssen
morgenkaffen-med-finansavisen
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
lederpodden
rss-sunn-okonomi
okonomiamatorene
rss-markedspuls-2
lederskap-nhhs-podkast-om-ledelse