I don't watch this for novelty, I watch this to see if the video will, at last, contain Dr. Garrison's famous (but until now unseen) PowerPoint animations!
40:04 Would prospects for completing new capital structures be reduced? With increased consumer demand, perhaps _equity_ is redirected towards late stage production, whereas with increased investment (isn't financing part of early stage production?) _liability_ is taken on, further enriching financial institutions and consolidating their position in governance.
I don't watch this for novelty, I watch this to see if the video will, at last, contain Dr. Garrison's famous (but until now unseen) PowerPoint animations!
Thank goodness for Austrian economics.
Thanks for the lecture, helps me a lot.
40:04 Would prospects for completing new capital structures be reduced? With increased consumer demand, perhaps _equity_ is redirected towards late stage production, whereas with increased investment (isn't financing part of early stage production?) _liability_ is taken on, further enriching financial institutions and consolidating their position in governance.
Increible
I love this, but it's 98% the same lecture that he gave 6 years ago.
yeah fr
Looks pretty good! But still needs to answer the JEFFREY ROGERS HUMMEL's paper "Problems with Austrian Business Cycle Theory". :)
Nice!
Nice!