Does the financial crises of 2008 fit the Austrian economic theory of "boom and bust"? American economics professor Lawrence H. White discusses economists' rationale for following interest rates and the reliability of...

Have you ever ridden a ride that goes up and down so many times it almost makes you sick? Scholars research the concept of a business cycle in the 18th podcast of a 21-part Economic Lowdown series. They investigate the factors leading to...

Get out of the textbook and into real economic issues with an innovative video. Crash Course Economics takes learners through a tour of macroeconomics and applies the three major factors of macroeconomics—gross domestic product,...

In the "boom and bust" of a business cycle, what takes place during a recession? What should the role of government be? Watch as an American professor of economics comments on this theory, which mixes the interview with relevant graphics...

Why were aggregate swings in the economy and business cycles more pronounced (i.e. "boom and bust") in heavy industries in the nineteenth century? Discover the Austrian capital theory as Friedrich Hayek elaborated it through an...

Our motivation to understand and measure the economy is a relatively new, yet also incredibly vital, endeavor. Quickly review the importance of macroeconomics and the major topics it entails, including GDP, CPI, the business cycle, and...

Explains the stages of the business cycle, and how the cycle may be driven by emotion. [11:15]