Profiles

While progressive lawmakers blame the current banking crisis on regulatory issues, the Fed's easy money policies have been the real problem.

Progressives like Robert Reich now claim that there is no inflation, just businesses arbitrarily raising prices so they can increase profits. Such claims do not pass the test of economic logic.

Neoclassical economists have a rigid view of monopoly producers. Austrians recognize that the only monopolies that create problems have been nurtured by government intervention.