Ep. 1894 Why the Economy Goes Up and Down — Explained for a Teenager, a 5-Year-Old, and a Grad Stduent


The Tom Woods Show

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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. Sponsors: &

Find the show notes for this episode on tomwoods.com

Original Source: https://podtrac.com/pts/redirect.mp3/traffic.libsyn.com/secure/tomwoodsshow/woods_2021_05_12.mp3

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