Fed management of the economy and the business cycle has only gotten much worse as it has grown more powerful and destructive. As the Federal Reserve has become more powerful, job losses have generally more severe and the duration of the recovery process has gotten progressively longer.
The most recent job report appears, on the surface, encouraging news for the U. S. economy.
Keynesian economics produces a dead end economy.
Richard Ebeling writes: "On Thursday, November 13th, I was interviewed on the "Boom-Bust" segment on RT television on Ludwig von Mises and the Austrian Theory of the Business Cycle."
The Economist recently opined that interest rates don’t affect investment.
G-20 nations rubber-stamp plans to have you bail out the too-big-to-fail banks.
One World Trade Center recently opened in the wake of the October stock market seizure. Many more ultra skyscrapers will open in 2015 or will be under construction. What does this portend for economic bubble and the economy?
