Austrian Business Cycle
Tom Woods explains the Austrian Business cycle theory to a group of students in Boulder.
I like this speech because Tom is explaining the Fed to economic students that are mostly skeptics of Austrian Business Cycle theory. This speech is also enjoyable because it assumes that the audience has some understanding of economics above your average citizen. Tom Wood’s assumption that the audience has intelligence allows him to skip past the more basic economic ideas and get right in to the thick of it.
Thank you that you thought of me. you have made my day.
I hope I’ll be capable of giving back to those who have done so much for me.