From April 6, 1959: As inflation increases, apologists emerge to suggest that, after all, inflation may be a very good thing—or, if an evil, at least a necessary evil.
Ships aren’t cheap to purchase. But when financing is abnormally cheap and expectations of future business are rosy, it stands to reason that shipping companies would put in a raft of orders.
On the eve of World War II, Keynes delivered a chilling address on the BBC, talking about the "great experiment" of curing unemployment through war expenditure.
Former Mises Fellow Mateusz Machaj has published a new paper, "Can the Taylor Rule be a Good Guidance for Policy? The Case of 2001–2008 Real Estate Bubble" in the journal Prague Economic Papers.
Asking wealthy elites to provide opinions about central banking generally results in reticence on their part. After all, many billionaires became rich or stay rich only because the global economy has been "financialized".
