What is the Skyscraper Curse?

Mark Thornton presents a one-minute primer on the “Skyscraper Curse”, which is the phenomenon where the construction of state-of-the-art skyscrapers often coincides with significant downturns in global economic activity. Thornton is a Senior Fellow at the Mises Institute. For more information, visit the Mises Institute online at Mises.org.

skyscraper curse