Jul 24, 2019
Today we are talking to Dr. Mark Thornton, Senior Fellow at the Ludwig Von Mises Institute, to talk about his latest book, "The Skyscraper Curse". We talk about the intersection of engineering and economics (more closely related than you might think!), what "Cantillon Effects" are, what causes the boom-bust cycles in the economy, what Austrian economics is, what makes it different from other schools of economics, if there's another big crash on the way (there is), and what engineers can do to protect themselves from the next Big One. If you've been curious about economics and how it affects engineers and contractors, both directly and indirectly, you definietly need to listen to this episode!
1) Dr. Mark Thornton Profile - https://mises.org/profile/mark-thornton
2) The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century - https://amzn.to/2Xot5fa
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