Business Cycles

Paul Krugman, relying on the claims of anonymous bloggers, asserts that Mises couldn’t explain the origins of the Great Depression.

The prospects for an unwinding of the Fed’s bloated balance sheet without even more damage to the economy and a return to a more reasonable rules-based monetary policy, are significantly diminished under a Yellen-led Fed. It is time, not to restore a rules-based policy, but to denationalize money.

The transfer of bad debts to the balance sheets of governments and central banks cannot undo the destruction of wealth.

Is there a real connection between skyscraper records and economic crisis, or is it coincidence?

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.

Recorded at Mises University 2013.