Are Economic Crises Inherent to Market Economies?
Certain agreement exists between Austrians and Marxists on the cause of financial crisis and recession.
Business Cycles
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The Gold Standard Did Not Cause the Great Depression
What makes this book unique is Sumner's use of financial data and press accounts on the precise zigs-and-zags of the economy during the 1930s.
A Tax Increase on Advertising Is a Very Bad Idea
Advertising serves a key function in the economy, and raising taxes on it comes with a hefty price.
Will Low Unemployment Cause Accelerating Inflation?
In an unhampered market, there is no reason why low levels of unemployment should lead to an inflationary spiral.
Do Seasonal Adjustments Help Identify Business Cycles?
Without a coherent theory based on purposeful human action, it is not possible to begin to understand the causes of business cycles.
Employment Is Not the Key to Economic Growth
Fixing unemployment without addressing the issue of real savings cannot increase the pace of economic growth.
A Modern Concept of Asset Price Inflation in Boom and Depression
The aim of this article is to demonstrate how monetary disorder spawns asset price inflation.
Time to Cash Out of the Banking System?
Uh-oh. Chairman Yellen assured us today that she does not believe that there will be another financial crisis "in our lifetimes."
Week in Review: June 24, 2017
While the Federal Reserve is desperate to depict an optimistic vision for the global economy, their fellow central bankers aren't buying it.
