Mises Wire
Author:
Roderick T. Long
Online Publish Date:
It’s also worth pointing out that Mises and Hayek explained the great Depression before it occurred. Part of the reason for Austrian Business Cycle Theory’s brief popularity during the 1930s was that they were recognised as having predicted what would happen. And of course Mises wrote his “Causes of the Economic Crisis” in 1931. This, by the