Below are all the named lectures from this year’s Austrian Economics Research Conference, including:
“On Man, Nature, Truth, and Justice“ by Hans-Hermann Hoppe,
“Government Barriers to Economic Growth“ by John Tamny of Forbes Magazine, Editor of Real Clear Markets,
For weeks, if not months, investors have been agonizing over whether or not the Fed would remove the word “patient” from its assessment of monetary policy. The word indeed was removed at today’s Fed meeting. Chairman Janet Yellen, recognizing that the markets were acutely aware of the significance and meaning of the word “patient,” was quick to explain that just because the word was removed the Fed had no intention on being “impatient.” In other words, the word is important but the central bank’s policy may forever be in flux.
Some economists have been arguing that the “equilibrium real interest rate” (that is the “natural interest rate” or the “originary interest rate”) has become negative, as a “secular stagnation” has allegedly caused a “savings glut.”1
Americans pay ritual obeisance to liberty. But daily, they say “there ought to be a law” that restricts it. They have only the dimmest awareness of our founders’ views on this central issue and no knowledge of friends of freedom beyond our shores. That is a pity, because such investigation would yield much insight.
Two weeks ago, Frank Hollenbeck wondered in Mises Daily what the Greek government will do to keep paying its bills while keeping cash flowing to its banking system which is facing a slow-motion bank run:
A fashionable approach to monetary policy these days, even in free-market circles, involves “NGDP targeting.” Joseph Salerno talks with Tom Woods about why it’s all wrong. Joe and Tom also discuss the new book in honor of Joe.
The Fed, the ECB, and the Bank of England repeatedly tell us that deflation is extremely dangerous for an economy. Central bankers, most economists, and the media speak of deflation as one of the greatest disasters that can strike an economy.
