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Uploaded on May 31, 2011
This is a great and simple explanation of the Austrian Business Cycle Theory. Thomas E. Woods Jr. is a senior fellow at the Mises Institute. Woods does a great job in his lecture; you can watch the whole lecture here: http://mises.org/media/3108/Why-Youve... Follow the below links to see more from Thomas Woods and the Mises Institute. http://mises.org/media/author/424