Jeffrey Herbener teaches economics at Grove City College and is chairman of the economics department. He is assistant editor of the Quarterly Journal of Austrian Economics.
The marginalist revolution posed a fundamental problem for economic theory. Mises’s approach not only solved the problem of economizing resources in a division of labor, but provides a robust framework for economic research.
In this 56-minute talk, Jeffrey Herbener dissects and dismantles two central myths behind Keynesian doctrine: the Phillips Curve, a the Keynesian Multiplier.
