Ep. 8 - The Skyscraper Curse, with Dr. Mark Thornton - Jul 24, 2019
- Posted by: M2E Team
- Category: Podcast
Today we are with Dr. Mark Thornton, Senior Fellow at the Ludwig Von Mises Institute, to discuss 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 definitely need to listen to this episode!