An Interview with Mark Thornton From CNN to Barron’s to Le Monde, Mark Thornton has been featured as an authority on how record-setting skyscrapers signal impending economic downturns. Last month, Dr. Thornton spoke with us about the Skyscraper Index and the Skyscraper Curse. Mises Institute: The Skyscraper Index, which shows a correlation between the construction of the world’s tallest buildings and economic busts, was created by economist Andrew Lawrence in 1999. In 2007, you used the index with Austrian business cycle theory to identify the economic downturn that followed. How does Austrian business cycle theory explain the index? Mark Thornton: Record-setting skyscrapers are a prominent … Continue reading Has the Skyscraper Cursed
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