Affiliation:
1. Oklahoma State University
Abstract
Mark Thornton’s The Skyscraper Curse exposes readers to the unique phenomenon of the Skyscraper Index and provides them with a comprehensive overview of Austrian business cycle theory (ABCT). The Skyscraper Index, as readers learn in the first few pages of the book, shows a correlation between the development of a new tallest building in the world and the business cycle. Although the Skyscraper Index does have a strong track record, the skyscrapers are not the heart of the matter but rather the policies of the Federal Reserve that promote and encourage skyscraper development.
Subject
General Economics, Econometrics and Finance
Reference5 articles.
1. Cantillon, Richard. 2010. An Essay on Economic Theory, ed. Mark Thornton and trans. Chantal Saucier. Auburn, Ala.: Ludwig von Mises Institute.
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