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.
Booms and Busts
Displaying 511 - 520 of 1783
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.
The Economy: Winter Is Coming
From the yield curve to money supply growth, there are good reasons to believe we are in the autumn of the current expansion.
British Manufacturing Slumps as Bank of England Raises Interest Rates
"Higher order" industries like manufacturing and mining are particularly sensitive to changes in interest rates. And it doesn't look like anything's different this time around.
British Manufacturing Slumps as Bank of England Raises Interest Rates
"Higher order" industries like manufacturing and mining are particularly sensitive to changes in interest rates. And it doesn't look like anything's different this time around.
When Mainstream Economics Was Wrong, Mark Thornton Was Right
[ Foreword to Mark Thornton’s new book The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century (Auburn, AL: Mises Institute, 2018).] In the wake of the financial crisis of 2008, the economics...
25. Summary and Conclusion: End the Fed
From Section 2: "And How Austrian Economists Predicted Every Major Economic Crisis of the Last 100 Years".
24. What Is Wrong with ABCT?
From Section 2: "And How Austrian Economists Predicted Every Major Economic Crisis of the Last 100 Years."
