Oil: Controls, Taxes, and Regulations
Monetary Policy: Discretion, Rules, or Markets?
Environmental and Resource Economics
Time Preference Theory and Its Critics
Is There a Skyscraper Curse?
Panics and Depressions in Early America
Is Deutsche Bank a Canary in the Economic Coal Mine?
Deutsche Bank has recently announced its $8.3 billion restructuring plan to decrease its costs by 25% until 2022. The bank has already begun slashing jobs and scrapped the dividends for the next two years. 18,000 people will lose their jobs, in particular those working in the bank’s investment branch.
Sixtieth Anniversary of Hazlitt’s The Failure of the ‘New Economics’
[The Christian Science Monitor on 11 September 1959 ran a “Symposium on Keynes” prompted by the publication of Henry Hazlitt’s book The Failure of the “New Economics” earlier that year. The invited contributors are an illustrious list of economists from the most prestigious universities of the day: Ludwig von Mises; Arthur F. Burns; Seymour E. Harris; Calvin B. Hoover; Adolf A. Berle, Jr.; Neil H. Jacoby; Sumner H. Slichter; Friedrich August von Hayek; and John Kenneth Galbraith.