The Fed-launched real estate bubble did not just create havoc in residential markets, but also has distorted the commercial real estate market, too. And it is getting worse.
Few economists—even the free-market advocates—understand what caused the Great Depression. No, the Fed didn’t cause the Depression by failing to inflate the currency. Instead, it was the Fed’s inflation that led to the disastrous early events.
Many of the high-flying businesses that received massive publicity turned out to be the creation of a bubble economy. Not all businesses are flashes in a pan; many of them continue to serve as the backbone of our economy.
If the housing market is an indicator, the Fed's actions in slowing down the housing market soon will be reflected in the economy itself.
By borrowing money and “creating” new jobs, the government is creating the illusion of a strong economy. This does not end well.
Economist Peter St. Onge summarizes some of the major financial and government news stories of the day.
On this episode of Radio Rothbard, Ryan and Tho are joined by Mises Institute Fellow Jonathan Newman to discuss economic fake news, featuring a cameo by Taylor Swift and Selena Gomez.
When an economy suffers a recession, some factors of production, such as labor, become unemployed. Keynesians believe that expanding credit and fiat money will bring back full employment. That's not how an economy works.
While economics textbooks are weak on causes of the Great Depression, American history texts are even worse. It's time for some truth telling.
By borrowing money and “creating” new jobs, the government is creating the illusion of a strong economy. This does not end well.
