There’s No #metoo When Economies Collapse — You Do What You Have to Do
Economic disasters often lead to a rise in the number of people willing to work in the sex trades — which are staffed mainly by desperate people.
Booms and Busts
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Easy Money, Easy Morals
In this 33-minute talk Joseph Salerno discusses the right way to define inflation, and how it impacts both economic prosperity and culture.
Tall Buildings, Mighty Crashes
Skyscrapers that set world records for height don’t cause economic panics, but are, instead, a warning a boom has reached its peak.
Daniel Lacalle on the Biggest Bubble of All
Daniel Lacalle and Jeff Deist discuss why all of us have a stake in seeing central bank balance sheets shrink.
Austrians vs. Market Monetarists on the Housing Bubble
The Austrian story fits the facts of the housing boom—and bust—much better than the preferred narrative of Market Monetarists.
Malinvestment, Not Overinvestment, Causes Booms
The characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement in the general standard of living.
George Selgin Misunderstands Rothbard’s Position on Fractional-Reserve Banking
Selgin thinks fractional reserve banking critics are akin to "flat-earthers", but he gets some important points wrong.
Why the “Economy Is an Engine” Metaphor is So Wrong
The economy is not an engine, or a tool, and does not perform any “work.” The economy is you and me.
