Previous post Next post

We’re Approaching the “Blame the Consumer” Stage of the Boom-Bust Cycle

In a recession or a crisis, the right approach for individuals is to save. So too for the national economy. Saving does not cause the economy to fall into recession any more than more spending can save it from recession. Full story here Are you the author?
Ryan McMaken
Ryan McMaken is the editor of Mises Wire and The Austrian. Send him your article submissions, but read article guidelines first. (Contact: email; twitter.) Ryan has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.
Previous post See more for 6b.) Mises.org Next post
Tags: ,

Permanent link to this article: https://snbchf.com/2025/11/mcmaken-approaching-blame-consumer-stage-boom-bust-cycle/

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.