On Demand Program

Business Cycles Explained with Tyler Cowen

Learn Liberty On Demand offers you a series of videos on new and exciting topics in the world of policy and ideas that you can watch any time, anywhere, on your schedule. Have you ever wondered why economic booms and recessions happen? Well, this is the place for you.

Big crises raise big questions. And in the wake of the financial crisis of 2008, economists are asking billion-dollar macroeconomic questions: What causes market fluctuations? What causes business cycles? In this series of videos, Professor Tyler Cowen vets contenders for the title of “top macroeconomic theory” – Keynesian, Austrian, and Monetarist, and Real Business Cycle theory – and lets you decide for yourself which theory best explains historical economic phenomena. Tune in to discover the strengths and weaknesses of these four theories—and pick yourself a winner.

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