Booms and Busts
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.
Will the Bubble Pop Even if the Fed Never Raises Rates?
In today's slow growth economy, business decision makers are understandably cautious because historically monetary tightening has been a fatal blow.
Latest Jobs Data: The Worst Expansion in 30 Years Continues
The media is telling us how excellent the latest jobs numbers are. Unfortunately, it's more of the same for what is the weakest recovery in decades.
A New, Easy-to-Read Explanation of Mises’s Human Action
Robert Murphy's Choice: Cooperation, Enterprise, and Human Action can serve as a companion to reading Mises's rather imposing Human Action.