Aimee, In looking at the Mises and Hayek sections, I think you've done a pretty good job capturing them in that kind of format, with one exception. The business cycle graphic that goes with Mises is not representative of his views, mostly because the growth trend line is positive! Mises would have argued that ongoing business cycles of the sort you have depicted there would, in the long run, damage economic performance. Did he believe that such cycles would actually lead to *negative* growth as opposed to a lower rate of growth than would exist sans cycles? That would depend on the severity of the inflation/cycle. And in the long run, persistent and high inflation could, Mises argued, do severe damage to economies. As presented, the graphic does not convey the idea that central bank-induced credit cycles lead to worse economic performance over time than would have been the case had such cycles not been induced. That is Mises's view and the graphic does not make it clear that the growth trend line in an economy subject to such cycles would be lower (if not negative) than that of a cycle-free economy. Steve Horwitz