The Las Vegas housing market is far from dead. But will it roar ahead after this brief hiccup as Stephen Bottfeld predicts? Is demographics Vegas's destiny? Who knows? But, one may recall that Harry Dent, Jr. used demographic studies to predict that the Dow Jones Industrial Average would reach 40,000 by 2007.
This year's Nobel laureates in economics, writes Frank Shostak, have contributed to further obscuring our understanding of the business cycle.
Krassimir Petrov, an alumnus of Mises Institute programs, presents China&#
You Austrians have it all wrong. Bubbles are not caused by inflation. They are caused by increases in the money supply.
It was capitalism that finally ended the Great Depression, writes Tom DiLorenzo, not FDR's hair-brained cartel, wage-increasing, unionizing, and welfare state expanding policies.
Cast aside all the trumped up claims concerning the power of the central bank to achieve price stability, writes Antony Mueller.
Frank Shostak explains what Mises meant when he wrote that: "The Santa Claus principle liquidates itself." Most individuals in the western world take the ample availability of goods and services for granted.
Just when the supposed threat of disinflation passed, now comes another frightful creation from the fearsome flation family: stagflation. Sean Corrigan explains.
Joseph Salerno writes about a long-term look at this conventional wisdom that shows that 90 percent of deflations since 1820 have not resulted in depression.
Booming home prices and record low interest rates are allowing homeowners to refinance their mortgages, "extract equity" to increase their spending, and lower their monthly payment! As one loan officer explained to me: "It’s almost too good to be true."
