Booms and Busts

In a market economy, writes Robert Murphy, the interest rate is not merely a lever to stimulate or depress economic growth.

The Fed's recent decisions, writes Frank Shostak, are part of a new effort to conduct monetary policy in the absence of "shocks."

Presented as part of the Mises Institute’s Austrian Workshop seminar series on 22 June 2004 in Auburn, Alabama.

What the prophets of the new housing paradigm don't discuss, writes Mark Thornton, is that real estate markets have experienced similar cycles in the past.

Even HUD is getting into the act of expanding the housing bubble.

Sponsored by the Mises Institute and held in Houston, Texas; September 22-23, 1995.

China has experienced one of the great economic transformations in the history of the world, writes Frank Shostak. But will it last?

Argentina's economy is poised to suffer the same fate as Icarus who flew too close to the sun and tumbled from the sky, writes Grant Nulle.

Recorded in Houston, Texas; October 27, 1984.

In a brilliant lecture at the Austrian Scholars Conference, Sean Corrigan chronicles the failings of growth-driven government policies that impoverish in the long run.