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Do "Technology Shocks" Create the Boom-Bust Cycles?

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Frank Shostak
 
Published : November 15th, 2022
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The 2004 Nobel Prize in economics was awarded to two economists for their claim that "technology shocks" cause boom-bust cycles. They have it wrong.

Original Article:"Do "Technology Shocks" Create the Boom-Bust Cycles?"

This Audio Mises Wire is generously sponsored by Christopher Condon. '
Source : mises.org
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Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.
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