Booms and Busts

Displaying 21 - 30 of 1771
Artis Shepherd

Despite the government‘s efforts to prop up real estate prices, the markets are having the last word. Commercial real estate is especially vulnerable to the latest trends.

Frank Shostak

Mainstream economics tells us that we need a growing money supply to keep an economy growing. But what if a growing money supply diminishes economic growth? The Austrians have something to tell us about money growth.

Artis Shepherd

The Federal Reserve‘s reckless policies have created havoc in the housing markets, with the government and monetary authorities helping to create the apartment bubble, which is in the process of bursting. As usual, bad policies bring bad people into the markets.

Jonathan Newman

The central pillar of the Keynesian system is that spending drives the economy, so savings on a large scale will push the economy into recession. As Austrians know, that narrative is entirely false and fails to accurately explain how the economy works.

Frank Shostak

The standard Keynesian line is that the government can shorten recessions by using fiscal and monetary “stimulus.” However, as Austrian economists note, ratcheting up government spending only makes things worse, setting the stage for the next economic downturn.