The Housing Crisis
For years now, the United States has been dealing with economic calamity deeply entwined with the housing bubble of the 2000s.
But it seems as though only the Austrians could properly recognize the causes of the housing bubble and its inevitable bust by looking at the Federal Reserve’s monetary policies.
Join the Mises Circle for a discussion on the housing boom and bust, focusing on Mark Thornton’s 2006 paper “The Economics of Housing Bubbles.” In the midst of the bubble popping, Thornton offered a substantial “told you so.”
PDF: http://mises.org/journals/scholar/Thornton13.pdf
Can’t join us in person? Tune in to the Google+ Hangout. A link will be sent out when we go live.
When: Monday, February 25th at 7pm CST
Where: Waggener 308
