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Interpretation of Mises Graphs?

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StatelessElement Posted: Wed, Jan 5 2011 8:22 PM

I've been reviewing several interesting graphs over at http://mises.org/markets.asp. As an amateur, I can't help but be overwhelmed. Is there someone who has, or is willing to, take on the task of explaining these charts one-by-one through an Austrian lens? The explanation doesn't have to be elementary, but middle of the road would be nice. I'd like to be able to relate the concepts I've read about in Human Action and Failure of the New Economics to actual data.

I envision someone saying something like, "Now look at the ___________ graph, the uptick in the year ____ bears out _______'s theory of __________."  Having looked at them and done some independent research, I'm beginning to formulate my own ideas about how the data bears out Austrian principles. However, I'd rather solicit multiple opinions, or at least one very good professional opinion, to be sure I'm not off base before I shoot off my "amateur economist" mouth.

I think this would be an awesome presentation for Robert Murphy to do at a live event. I would SO watch that video.

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Mark Thornton did do an interview with Jeff Tucker a while back which did explain each one of the charts posted on that page:

http://blog.mises.org/9108/a-tour-of-the-charts-with-mark-thornton/

My long term project to get every PDF into EPUB: Mises Books

EPUB requests/News: (Semi-)Official Mises.org EPUB Release Topic

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