Business Cycles
Chris Casey: The Austrian Investor
Global Irrational Exuberance Enters a New Phase
The present global plague of asset price inflation is transitioning into a new phase. Some optimistic commentators suggest a benign and painless end to the plague lies ahead, but the evidence suggests otherwise.
The Keynesian Multiplier Concept Ignores Crucial Opportunity Costs
The Keynesian multiplier is a concept embedded in macroeconomic thought, policy, textbooks, and widely taught in classrooms.
5 Big Malinvestment from the Finanical Crisis of 2008
Malinvestments from the business cycle are usually hard to detect, easily concealed, or quickly converted to new uses.
Central Banks Are Not Innocent Bystanders
The Economist recently opined that interest rates don't affect investment. This claim is based on an empirical study that contradicts what we already know: that lower prices lead to more demand. In the end, the problem lies with the researches who fail to account for the behavior of central bankers.
Austrian Business Cycle Theory
Tom Woods offers a simple 8-minute explanation of Austrian Business Cycle Theory.
Looking for Introductory Materials on Austrian Business Cycle Theory?
Michael Pollaro, Mark Thornton, and I went looking for some good introductory materials to help newcomers understand Austrian Business Cycle Theory