The Tom Woods Show

In this unique episode, Professor Jeff Herbener and I explain why the economy goes up and down in boom-bust cycles (hint: it's not the fault of "capitalism"), but we describe it in three ways: how we would explain it to a graduate student, a teenager, and a 5-year-old.

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Show notes for Ep. 1894

Direct download: woods_2021_05_12.mp3
Category:general -- posted at: 4:02pm EDT