Murray Rothbard and the Deflation Bogey
Contra the "experts," the economy really needs a strong bout of deflation to eradicate malinvestments and to permit the economy to have a real recovery.
Booms and Busts
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More Spending Does Not Drive More Employment
Entrepreneurship — not spending — is the key to a growing economy.
Do Seasonal Adjustments Help Identify Business Cycles?
Without a coherent theory based on purposeful human action, it is not possible to begin to understand the causes of business cycles.
Mark Thornton Explains Our Fake Economy
Mark Thornton explains why there's nothing natural, real, or sustainable about the current Yellen boom.
Oil Is Cheap — Why OPEC Can’t Do Anything About It
Only the future will tell if OPEC’s measures have any effect on oil prices or if our interpretation that they aren’t able to move prices is true.
How We Should Name Business Cycles
Economists have long played semantic games with how they name business cycles. This is how they should do it.
Jeff Deist Joins Power Trading Radio to Discuss the Economy
Jeff joins John O'Donnell and Merlin Rothfeld to discuss the health of the US economy.
Robert Shiller Is Shilling for the State
For economist Robert Shiller, housing bubbles result from too little government regulation.
How Long Can the Fed Keep the Boom Going?
Given current bond and stock market valuations, investors seem to be fairly confident that the Fed will succeed in keeping the boom going.
Wine, Art, and Ferraris: The Bubble in Luxury Goods
Our inflationary economy is sending the prices of luxury goods soaring — while prices on products for regular people are often flat.
