Keynes’s Ghost Continues To Haunt Economics
The Keynesian promise of prosperity springing from massive government spending is attractive to politicians, economists, and public intellectuals.
The Keynesian promise of prosperity springing from massive government spending is attractive to politicians, economists, and public intellectuals.
A default on US government debt is no more or less radical than a default on any other kind of debt.
Interviewed by host Alan Butler, Mark Thornton explains the Austrian Business Cycle Theory and the current state of the U.S. economy.
Austrian economists have a long record of spotting bubbles in the economy.
Rothbard declared that the kind of banking and financial system that Friedman championed was at the heart of the crisis that was the Great Depression.
Archived from the live Mises.tv broadcast, this lecture was presented by Roger Garrison at the 2013 Mises University, hosted by the Mises Institute
Greenspan took the Federal Reserve, which for years had been run by far more cautious and conservative men, and turned it into a machine for fine-tuning every aspect of the economy.
In any other country where the capital structure is less developed, the transition to price inflation would be more intense and instantaneous.