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The Propaganda of “Bidenomics”
Media Asset
Author: Tho Bishop Jonathan Newman
Online Publish Date:
Category: Business Cycles, Booms and Busts, Protectionism and Free Trade, Taxes and Spending
The Biden Administration is attempting to take a victory lap for “Bidenomics,” but the public isn’t buying it. On this episode of Good Money , Dr. Jonathan Newman joins the show to talk about his doubts of a “soft landing” for the economy, and the lies being told to sell Central Bank Digital Currencies. Jonathan Newman’s article on CBDCs:
A Circus of Errors
Mises Wire
Author: Jonathan Newman
Online Publish Date:
Category: Business Cycles, Capital and Interest Theory, Booms and Busts, The Fed, U.S. Economy
When Nvidia reported high fourth quarter earnings for 2023 in February 2024, it  sparked a general rally in stock markets. Stock markets in the United States, Japan, and Europe jumped to all-time highs after a few days of slight declines. It seems strange for one company’s earnings call to have such a widespread effect, but many are saying that
Booms, Busts, and the Boundaries of Economics
Mises Wire
Author: Jonathan Newman
Online Publish Date:
Category: Business Cycles, Booms and Busts
Steven Horwitz has written about the limits of Austrian Business Cycle Theory (ABCT). He outlines three limits of ABCT as he sees it: “[ABCT] tells us nothing about exactly when the boom will break or the precise factors that will cause it.” “ABCT tells us little to nothing about how the bust will play out.” “Not every recession requires the ABCT
5 Reasons Why Austrian Economics Is Better than the Mainstream
Mises Wire
Author: Jonathan Newman
Online Publish Date:
Category: Austrian Economics Overview, Business Cycles, Global Economy
Noah Smith has acknowledged the failings of mainstream macroeconomics , but he says that none of the “outside ideas” offer a better replacement. He failed to mention the Austrian school, but we can still show how the Austrian tradition parries his criticisms with ease. 1. Quantitative Models Totally Miss the Nature of Human Action Smith dismisses