Recession and Recovery: Six Fundamental Errors of the Current Orthodoxy
By Robert Higgs
This article appeared in the Winter 2010 issue of The Independent Review

Almost everything that politicians and pundits have said about the economic recession has been false. The six worst mistakes, promulgated widely since Paul Samuelson’s best-selling textbook Economics first appeared in 1948, pertain to aggregation, relative prices, the rate of interest, capital and its structure, malinvestments and money pumping, and regime uncertainty.

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Other Independent Review articles by Robert Higgs
    Fall 2016   Can the State Enforce Virtuous Behavior?
    Summer 2016   Douglass C. North: Trailblazer
    Winter 2016   Ludwig von Mises and Dietrich von Hildebrand: Some Remarkable Parallels
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