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.
Booms and Busts
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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.
Why A Brexit Crisis Is Not A Bust
The UK's exit from the EU cannot and will not, in itself, trigger malinvestments and their subsequent inevitable liquidation through a bust.
Has China Reached its Debt Limit?
The boom has not accelerated to the point we should expect an imminent recession — except in China.
John O’Donnell: How Central Banks Affect Culture
What happens to the future when ultra-low interest rates mean saving is for chumps?
Jim Rickards: The New Case for Gold
Jeff Deist and Jim Rickards discuss gold in the context of current geopolitics and enduring myths about monetary growth.
Amazon = $3 Trillion?
Let us see how close this venture capitalist comes to putting a $3 trillion price tag on Amazon at its all-time high price.
