10. Banking and the Business Cycle
Loan banking is non-inflationary. Interest rates on loans are merely reflective of price spreads. All speculation, on the free-market, is self-correcting and speeds adjustment, rather than cause economic trouble.
Booms and Busts
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9. The Truth about the Great Depression
The interventionist myth is that Federal meddling in domestic or foreign economics can make anything better. Instead, meddling produced the American Great Depression. Doing nothing with a depression in 1920 produced resolution within eighteen months. Nobody hears of the depression of 1920-21.
Times Are Hard: On the Causes of the Business Cycle
It's been said that the Fed's job is to take away the punch bowl once the party gets going. But Gene Callahan writes the Fed had filled it in the first place.
2. A Secret History of the Boom and Bust
From Speaking of Liberty, as narrated by the author, pp. 25-40.
Money, Bank Credit, and Economic Cycles
New Fourth Edition is now Available This book is a masterpiece that utterly demolishes the case for fiat currency and central banking, and shows that these institutions have compromised economic stability and freedom, and, moreover, are...
Central Bankers Debate Asset Bubbles
Should central bankers actively undertake to burst asset bubbles, or should they stand around and watch them run out of steam, then try to clean up
Japan’s Housing Bubble, Busted
The New York Times ran a feature on the aftermath of Japan’s hou
Shark Attack
Sharks is a great reference for those looking for some background on the real players in Las Vegas who make headlines and billions, writes Doug French.
