Stimulus, Savings, and Stocks
The inflationary environment causes savers to divert savings from paper assets to the safer harbor of hard assets such as precious metals, commodities, or even goods used for daily use.
Booms and Busts
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What You Must Read About the Great Depression
"The single most important book on the Great Depression is that by Murray Rothbard." – David Gordon
Meltdown: An Interview with Tom Woods
Interviewed by the Arlington (New York) High School Chapter of the Young Americans for Liberty, 16 February 2009.
Tax-Cutting Keynesians
In their zeal to oppose the lunacy of the so-called “stimulus” plan, many radio talk show hosts and other pundits have fallen into the
Cycles, Business and Otherwise, in the Austrian World View
Presented as part of the Mises Institute’s Brown Bag Seminar series on May 21, 1997 in Auburn, Alabama.
Meltdown
Tom Woods covers the problem of housing subsidies, of low interest loans, of the absurdities of the boom times, and how it was inevitable that they would come to an end. He puts the fault right where it belongs: with the government and the...
Skyscrapers and Business Cycles
Recorded at the Mises Circle in Houston, Sponsored by Jeremy S. Davis; Saturday, 24 January 2009.
Falling Prices Are the Antidote to Deflation
In reality, a house is a consumers' good, just like an automobile or a refrigerator.
Hazlitt and the Great Depression
Old Right journalist Garet Garrett described the New Deal as a revolution against America's tradition of private property, limited government, and the rule of law.
