Money and Banking

During Friday's bloodbath a CNBC anchor lady assured her audience that Brexit wasn't a big sweat. That's because it is a political crisis, not a financial one.

The Bank of England has been less reckless than the ECB. But both the UK and the eurozone economies are fragile thanks to loose monetary policy.

If the Fed would quit meddling with interest rates, the natural interest rate would be revealed.

Brexit has raised some barriers to globalism, but central banks remain unimpeded in their efforts to work together to manipulate economies.

The boom has not accelerated to the point we should expect an imminent recession — except in China.

David Rapp was the first to analyze the German Banking Restructuring Act from a business economics perspective, based upon Austrian insights.

Inflation isn't an increase in prices, and deflation isn't what causes economic depressions.

Many Americans now lack even small amounts of savings to deal with life emergencies. This is a triumph for Keynesian economics.

The Rothbard Graduate Seminar is underway, and students are gathering for a week of careful study of Mises's Human Action.

Central bankers think the official statistics are overcounting inflation and undercounting productivity.