Booms and Busts

Recorded at Mises University 2009.

Recorded at Mises University 2009.

Recorded at Mises University 2009.

The Free Market 27, no. 8 (August 2009)

Recorded at Mises University 2009.

When looking for a thorough and logically consistent analysis of broad market forces and the role of the Federal Reserve in promoting an unsustainable boom in long-term production, Tom Woods‘s Meltdown remains the best choice.

Recorded at Mises University 2009.

Careful examination shows that, rather than protecting the economy, it is loose monetary policies that are the key source of boom-bust economic cycles.

It is savings — not demand — that enables the expansion of production of goods and services.

Fed economists — like mainstream macroeconomics in general — are intellectually bankrupt and clueless at best or dishonest propagandists at worst.