Booms and Busts
Displaying 1061 - 1070 of 1769
How This Recession Has Battered Mainstream Economists: An Austrian Opportunity
Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 8 October 2010.
The Fed, Gold, and Troubled Times
Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 8 October 2010.
Friday Night Lights(out): Bank Failures in Slow Motion
Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 8 October 2010.
Are the Austrians Too Harsh?
Austrians get a bum rap for their prescription for recession. The readjustment process is not cruel; it is about permitting production to align more closely with consumer preferences. Recovery, like growth and development, requires forward-looking planning.
The Twofold Roots of the Great Depression: Inflationism and Intervention
It is not the system of private enterprise and free markets that is responsible. It is the suspension of that system. It is not capitalism but interventionism and monetary uncertainty that are responsible for the persistence of the slump.
Put On a Happy Face?
Some people are saying that all we need is optimism, as if our attitudes alone cause and fix the business cycle, and as if the real world doesn't matter at all. Actually, the "bad attitudes" of consumers and producers are the real fix: they lead to deleveraging and saving.
How Useful Is the NBER’s Dating of Business Cycles?
Shostak suggests that the NBER's definition does not provide an explanation of what a recession is all about. Instead it describes the various manifestations of a recession. And this is precisely what is wrong with it.
Is a Reduction in Unemployment the Key to US Economic Recovery?
What matters for individuals is not whether they are employed as such but the purchasing power of their earnings.
The Fed and the Ratchet Effect
Bernanke and the other macro wizards will just so happen to find that their models point them toward bailing out the major bankers and other politically connected titans of finance.
