Recession Alert! This is Dr. Mark Thornton's definitive work on booms and busts. His now-infamous Skyscraper Index theory draws the connection between loose monetary policy, artificially low interest rates, and vanity construction projects.
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AUSTRIAN ECONOMICS, FREEDOM, AND PEACE

[link removed] Recession Alert! ([link removed])

This is Dr. Mark Thornton's definitive work on booms and busts. His now-infamous Skyscraper Index Theory draws the connection between loose monetary policy, artificially low interest rates, and vanity construction projects.

Many of the brilliant quants working on Wall Street and at the Fed barely remember the crash of 2008, much less understand it. No wonder we find ourselves repeating the same mistakes of the past.

This is not a technical economics book. It is written so that normal people can understand an otherwise complex topic, and be prepared for what comes next!

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