Krugman’s Rearguard Apologists
As it turns out, Krugman's apologists shouldn't demand more context for his notorious quotes, since it only shines even more light on how confused and backward he is as an economist.
Booms and Busts
Displaying 1201 - 1210 of 1767
Christina Romer’s Faulty Depression History
The Keynesians have no leg to stand on.
War Eagle Condo Bust
"The beauty of an auction is that it's a very clear and simple example of what goes on every day in a free market — buyers and sellers meeting to negotiate a price."
Woods Tells the Story of the Meltdown
He contrasts the rapid recovery of the economy following the 1920–1921 depression, when the government adopted a "hands-off" policy, with the disastrous stagnation of the economy in the 1930s, during Roosevelt's New Deal.
Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse, by Thomas E. Woods, Jr.
Tom Woods has made an invaluable contribution with his latest book. The public today looks for an explanation of the current economic crisis and a prescription for recovery.
Inflation: What You See and What You Don’t See
People are being told by governments, central bankers, and leading mainstream economists that money-base expansion is not inflationary — because th
Can the “Mimetic Effect” Explain Speculative Bubbles?
Artificial credit created by a deceptively low rate of interest leads to speculative bubbles.
Return of the Dead Hand
Remove all government impediments to effective entrepreneurial planning: avoid protectionist measures internationally; allow prices and wages to adjust as needed to restore market equilibrium. Not only cut tax rates, as was done in the incomplete reforms of the 1980s and early in this century, but, per Rothbard, drastically reduce the government budget, both taxes and expenditures.
