Business Cycles

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Mark Thornton

Apple, Facebook, and Google planning lavish corporate headquarters help paint a picture of a stock market top.

Mark Thornton

How the Communist Party of China Bubbles and Tries to Keep Them Afloat

Mark Thornton

Janet Yellen See Stock Prices Are High, but She Sees no Bubbles

Ryan H. Murphy

This brief note points out that Milton Friedman’s “Plucking Model” has not held following the Great Recession.

The popularity of the Austrian Business Cycle Theory (hereafter ABCT) continues to grow in both the popular press and the mainstream of the economics profession.

Mark Thornton

The Economist declares there is no such thing as a Skyscraper Curse and they have the mainstream empirical evidence to support that declaration.