Is Another Skyscraper Curse Coming?
Watch or listen to Mark Thornton's talk at the Mises Circle in Boston.
Booms and Busts
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Economic Growth Requires More Than Low Interest Rates
With such low interest rates, shouldn't we be experiencing a boom? The problem is, a solid economy requires much more than just low interest rates.
Deja vu: Fannie and Freddie Lower Lending Standards
Because the only thing government is worse at than pricing risk, is learning from past mistakes.
What the Next Recession Will Look Like
The cure for the curse of the Federal Reserve and its grand experiment is to install a sound monetary order. The next US president must clean house.
Review of Monetary Regimes and Inflation: History, Economic, and Political Relationships, Second Edition by Peter Bernholz
Quarterly Journal of Austrian Economics 19, no. 2 (Summer 2016) The recent financial crisis of 2007–2008 generated a debate among economists over whether the leading central banks’ unprecedented monetary intervention would spark a massive...
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Review of Monetary Regimes and Inflation: History, Economic, and Political Relationships, Second Edition by Peter Bernholz
The book is informative about inflation in all periods of human history, and researchers looking for concise overviews will find much use in it.
Latin America’s Pink Tide Crashes on the Rocks
More than a decade ago, some South American countries were moving to the left in an effort to create a new paradigm. Things have not gone well for them.
The Bank of England Turns to More Easy Money
With central banks falling into step in a seemingly inexorable race toward negative interest rates, this could point to bigger problems on the horizon.
We Can’t Live on Borrowed Time and Borrowed Money Forever
It is a time of fiscal hedonism, engineered and encouraged by governments and their central banks, and sold to us as banal public policy and tinkering.
Consumer Optimism Is Not the Key to Economic Growth
The key to economic growth is not optimism or good "animal spirits." They key is increased productivity and wealth accumulation.
