It Didn't Have to Be This Way

My former University of Detroit Mercy Economics professor Harry C. Veryser has written a new book It Didn't Have to Be This Way.

His book can be ordered through ISI Books. Here's a brief overview of the book...

Why is the boom-and-bust cycle so persistent? Why did economists fail to predict the economic meltdown that began in 2007—or to pull us out of the crisis more quickly? And how can we prevent future calamities? Mainstream economics has no adequate answers for these pressing questions. To understand how we got here, and how we can ensure prosperity, we must turn to an alternative to the dominant approach: the Austrian School of economics. Unfortunately, few people have even a vague understanding of the Austrian School, despite the prominence of leading figures such as Nobel Prize winner F. A. Hayek, author of The Road to Serfdom. Harry C. Veryser corrects that problem in this powerful and eye-opening book. In presenting the Austrian School’s perspective, he reveals why the boom-and-bust cycle is unnatural and unnecessary.

While I don't agree with every policy prescription of the "Austrian School," I'm looking forward to purchasing and reading Professor Veryser's book.

Below are a couple of photos that I took of Professor Veryser posing with his book It Didn't Have to Be This Way.