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John A Hobson takes down the Austrian "malinvestment due to inflation" theory of depressions, showing how underconsumption and net interest drain from loan money is the true cause. Check the validity of his refutation of malinvestment here: 4E79k-g63Xo (paste to YouTube search engine) other links on related analysis in "show more" section
oldickeastman 1 month ago
Great lecture
xTAxGUNZ 1 year ago
This was a great speech
joslin01 1 year ago
I like that nickname "Alan GreenSPAM"
bjarnet3 1 year ago 6
lol I like how he alluded to the Keynes vs Hayek rap video.
sharperguy 1 year ago 10
nice lecture thx.
cowboy219 1 year ago 5
sweet.
n0us3rn4m3s4v41l4bl3 1 year ago 3