It starts August 24.
“In this 4-week course, Professor Murphy will survey the sovereign debt crisis roiling world financial markets. The class will provide an overview of the worldwide housing bubble and its impacts on various countries and their banks. It will explain the formation of the euro, and the theories–both mainstream and Austrian–of the optimal size of a currency area. The course will also document the fiscal situation of the various at-risk countries, and will outline the various interventions that governments, the European Central Bank, and the Fed have used to postpone the day of reckoning. Finally the course will assess the current situation and offer prospects for the future.”
Week 1: Housing bubble and debt loads across countries
Week 2: Forming of Euro and Optimal Currency Area, Mises vs Mainstream
Week 3: Chronology of interventions to date
Week 4: Prospects for the future from an Austrian perspective
And don’t forget to sign up for Dr. Murphy’s webinar on the state of the economy that begins tonight at 6pm Eastern time.