Malinvestment and Regime Uncertainty
Robert Higgs's concept of <em>regime uncertainty</em> has caught on with businessmen and the press.
Monetary Theory
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The Curse of Circulation Credit
A careful review of Mises's arguments and of this theory would convince many reasonable people that Mises's framework is correct.
The Theory of Money
Anything that affects the value of money affects every market transaction.
Mises versus Menger?
Even if they differed on the similarity of the social and physical sciences, it does not follow that Mises and Menger differed on the correct method of economics.
Strawmanning Mises
Max Keiser should apologize to his Keiser Report viewers for the ridiculous segment he did and for his crazy claims about Menger and Mises.
Fractional Reserves and Economic Instability
Better economists recognize fractional-reserve banking as a major source of financial and economic instability.
Yet Another “Operation Twist”?
The Fed's plan will fail: a fall in interest rates cannot cause the economy to grow.
Repudiating the National Debt
Although largely forgotten today, repudiation of public debt is a solid part of the American tradition.
A Deficient Understanding
Author Alan Uke identifies an unhampered market as the source of America’s economic ills and proposes more big government as the solution.
