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Does Capitalism Itself Create Economic Instability or Is Central Banking the Culprit?

Post-Keynesians believe that capitalism is internally unstable, leading to necessary intervention by the central bank. Austrians see that as backward reasoning, as policies by the central bank to create credit from nothing is the problem.

Original Article: Does Capitalism Itself Create Economic Instability or Is Central Banking the Culprit?”

This Audio Mises Wire is generously sponsored by Christopher Condon.