Boom Bust Season 2 Episode 22 White On Austrian Business Cycle Theory and Thoma On the US Muddle Through

In season 2, episode 22 of Boom Bust, titled "White On Austrian Business Cycle Theory and Thoma On the US Muddle Through," viewers are presented with an insightful and educational discussion surrounding the topics of economic theory and the current state of the US economy. Two notable guests are featured on the show, providing their expert opinions on the subjects at hand.

Firstly, viewers are introduced to Dr. Lawrence H. White, a professor of economics at George Mason University. Dr. White explains the principles of the Austrian Business Cycle Theory and how it relates to current economic conditions. He delves into the concept of interest rates and how they impact investments, as well as the importance of a free-market economy. Through his clear and concise explanations, viewers gain a better understanding of the intricacies of economic theory and the potential ramifications of certain policies and actions.

Next, the show welcomes Professor Mark Thoma from the University of Oregon. Professor Thoma provides his perspective on the current state of the US economy, discussing issues such as income inequality and the challenges facing the Federal Reserve. He discusses the concept of "muddling through" and how it can impact economic growth, as well as the need for effective policy interventions to address underlying issues within the economy.

Throughout the episode, the show's hosts engage in a thought-provoking discussion with both guests, providing viewers with a well-rounded and informative look at these complex economic issues. With insights from two highly respected experts in the field, viewers are left with a deeper understanding of the theories and policies that impact our economy. As always, Boom Bust delivers a high-quality episode that educates and entertains.