Booms and Busts

Displaying 1021 - 1030 of 1771
Douglas French

Lord Keynes was constantly worried that people were saving too much and consuming too little — thus the need for more and cheaper money to stimulate the economy. Mr. Bernanke is nothing if not a good Keynesian, and his low rates make even the savviest question whether to forgo consumption.

David Howden
When the dust had settled, the crisis had wiped out trillions of dollars of investments, and the previously well-functioning credit markets had stalled.
Thomas E. Woods, Jr.

The fake version of history says that without a central bank or its lesser cousin, a national bank, we had nothing but boom, bust, and sorrow — but since the creation of the Federal Reserve System, it's been nothing but sunshine and lollipops. Let us take a look.

Thorsten Polleit
The artificial lowering of the interest rate causes malinvestment and the ensuing financial and economic “crisis.”
Robert P. Murphy

A Fed employee argues that inflation is harmless. I argue that it is a rip-off for everyone who uses dollars.

Jesús Huerta de Soto

It is a great pleasure for me to present this book by my colleague Philipp Bagus.