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Booms and BustsWorld History
Economic disasters often lead to a rise in the number of people willing to work in the sex trades — which are staffed mainly by desperate people.
Booms and Busts
Skyscrapers that set world records for height don’t cause economic panics, but are, instead, a warning a boom has reached its peak.
Booms and BustsBusiness CyclesOther Schools of Thought
The Austrian story fits the facts of the housing boom—and bust—much better than the preferred narrative of Market Monetarists.
Booms and BustsMoney and BanksMoney and Banking
Selgin thinks fractional reserve banking critics are akin to "flat-earthers", but he gets some important points wrong.
Booms and BustsThe Entrepreneur
The economy is not an engine, or a tool, and does not perform any “work.” The economy is you and me.
Booms and BustsBusiness Cycles
With this book, I am hopeful fewer Americans will be duped the next time there is a crash, and the mainstream experts assure us that more government intervention will solve the problem.
Booms and BustsFinancial Markets
From the yield curve to money supply growth, there are good reasons to believe we are in the autumn of the current expansion.
"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.
The Jeddah Tower in Saudi Arabia remains listed for “completion” in 2020. Will its completion trigger a new Skyscraper Curse?
Booms and BustsMoney and Banking
As investments — previously thought to be profitable — turn out to be flops, firms will start liquidating unfinished projects and layoffs will begin.