Business Cycles

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Murray N. Rothbard

Study of business cycles must be based upon a satisfactory cycle theory. Gazing at sheaves of statistics without "pre-judgment" is futile.

Douglas French

Rental prices are falling as the markets adjust to new realities. The Austrian business cycle theory explains why this is happening.

Mike Holly

The Fed's latest attempt to correct the inflation it caused is putting the market on a crash course.

Douglas French

As the Fed increases interest rates to reverse the inflation it has caused, firms that depended on easy money will face the bankruptcy judge. Stay tuned; there's more to come.

Murray N. Rothbard

The siren song of a stable price level has lured leading politicians and economists as early as 1911.