The Key Ingredient in Why We Understand the Economy, and They Don't

2,998 views · Published 23 November 2017 · 31:14 · Indexed 10 November 2026

Channel: TomWoodsTV · 2017 · News & Politics

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There's one thing in particular that the Austrian School of economics understands better than do other schools, and it helps to explain why the Austrians in turn better understand how the economy works (and what makes it not work). That thing is capital theory. Boring? Nope. Super important. Here's what other economists don't get. Subscribe to the Tom Woods Show: https://itunes.apple.com/us/podcast/the-tom-woods-sho/id716825890?mt=2
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