Business Cycles

Central banks have been on a bond-buying spree. This is good for governments deep in debt. But it is a risky and dangerous policy for the rest of us.

With such low interest rates, shouldn't we be experiencing a boom? The problem is, a solid economy requires much more than just low interest rates.

From near-zero interest rates to price controls to easy home loans, it is clear that government is now more in need of sound economics than ever.

The cure for the curse of the Federal Reserve and its grand experiment is to install a sound monetary order. The next US president must clean house.

The EU is ill-equipped to deal with the crises that lie ahead.

Real income and wealth growth in the United States peaked in the 1990s, and has been declining since.

There is an emerging literature on the subject of skyscrapers and business cycles. We present new empirical evidence supporting the skyscraper curse.

More than a decade ago, some South American countries were moving to the left in an effort to create a new paradigm. Things have not gone well for them.

Mainstream economics is fraying at both ends. It is vague, and lacks precision. Austrian economics, meanwhile, is rooted in concrete human action.

Delving further into the jobs report, we see that many of the jobs that were supposedly created were jobs in government.