Recorded at the Mises Circle in Colorado Springs, Colorado; 18 September 2010. Sponsored by Pikes Peak Economics Club. The handout from the presentation is available below in PDF
The current crisis has economists, from mainstream defenders of central banking, such as Alan Blinder, to the leading interpreter of Austrian business-cycle theory, Roger Garrison, calling for a reexamination of the role of central banks and money in the economy. Blinder states, “The nature and scope of the Federal Reserve’s authority and the
Randall W. Forsyth, writing for Barron’s early spring 2009, wrote about Austrian economists, “Their ideas warned us of the bubble; their prescription for the bust is too harsh, however.” Now that the NBER has announced that the current “Great Recession” ended in June 2009, after 18 months, let’s reexamine this claim. First, the end date clearly
Letter in the WSJ today: Our Shortage of Jobs Isn’t From a Lack of Spending In “Voters to Democrats: Jobs, Jobs, Jobs” (op-ed, Feb. 19), former President Bill Clinton’s pollster Doug Schoen writes: “Let’s be clear. The Democratic brand is in trouble–big trouble. . . . The Democrats need to do a number of things. First and foremost, they need to
Randall W. Forsyth, writing for Barron’s early spring 2009, wrote about Austrian economists, “Their ideas warned us of the bubble; their prescription for the bust is too harsh, however.” Now that the NBER has announced that the current “Great Recession” ended in June 2009, after 18 months, let’s reexamine this claim. First, the end date clearly
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.