Audio Mises Daily

Central Banks Are Not Innocent Bystanders

12.03.2014 - By Play

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

The Economist recently opined that interest rates don't affect investment. This claim is based on an empirical study that contradicts what we already know: that lower prices lead to more demand. In the end, the problem lies with the researches who fail to account for the behavior of central bankers, writes Peter St. Onge. This audio Mises Daily is narrated by Robert Hale.

More episodes from Audio Mises Daily