Business Cycles

What causes financial crises, domestic and global, is the underlying, continuing credit expansion.

With this book, I am hopeful fewer Americans will be duped the next time there is a crash, and the mainstream experts assure us that more government  intervention will solve the problem.

"Higher order" industries like manufacturing and mining are particularly sensitive to changes in interest rates. And it doesn't look like anything's different this time around.

Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so.