The Global Curse of the Federal Reserve
Full title: “The Global Curse of the Federal Reserve: How Its Monetary Virus Stimulates Destructive Waves of Irrational Exuberance and Depres
Booms and Busts
Displaying 791 - 800 of 1767
The Japanese Deflation Myth and the Yen’s Slump
The Japanese government claims it’s still fighting deflation, although there are no signs of it in Japan. Through a mixture of chance, habit, and economic sclerosis, prices have been stable in Japan, but Abenomics makes the future of the yen anyone’s guess.
Federal Reserve Policies Cause Booms and Busts
Richard Ebeling explains the basics of how central banks cause booms and busts.
Misesians in Japan
Marc Abela talks with us about the state of Austrian economics and the freedom philosophy in Japan.
You Can’t Run an Economy with Spreadsheets
The problem is a confused reading of how markets work, and how governments continue with deficit spending in the service of favored interest groups.
The Federal Reserve and the Financial Crisis, by Ben S. Bernanke
There is trouble lurking in each of the book’s four chapters. The text gets off on a wrong foot as Bernanke overviews the origins and purposes of the Fed.
Merger Waves and the Austrian Business Cycle Theory
This paper identifies merger waves as parts of Austrian-type business cycles. According to Austrian business cycle theory, when loan rates are reduced below their natural level through bank credit expansion, this falsifies the monetary calculation of capitalist-entrepreneurs, and investments are initiated that calculation showed were not profitable before the interest rate reduction.
Not Enough Bricks: Monetary Misperceptions and the UK Housing Boom
This article analyzes the housing boom witnessed in the UK economy from 1994–2007 in light of the Austrian theory of the business cycle (ABC). Ludwig von Mises’s parable of the “bricks” is utilized to provide empirical
