Booms and Busts

At the end of the day, Friedman jettisoned the gold standard for a remarkably statist reason.

Interviewed by host Scott Horton, Mark Thornton talks about how Austrian economists recognized the housing bubble long before it burst, the stock m

The Wall Street Journal ran a very optimistic article on the rising prices for Skyscrapers and new construction in New York.

The Great Deformation: The Corruption of Capitalism in America

Stockman makes clear that the facile left-right distinction of US politics obscures a deeper crisis of capitalism that spans the breadth of the American economic and political landscape

 If historical cases of hyperinflation — real, and virtual — have one thing in common, it is the instinct among its victims to blame the symptoms rather than the disease.

This extensive work supplements and verifies Rothbard’s arguments in <em>America's Great Depression</em> and extends the analysis to the Roosevelt New Deal era.

Earlier this month I chatted with with fellow economist Morgan Reynolds on his

Peter Schiff makes a few calculations on Japan’s anti-deflation campaign.

Here is a great 5 minute video where David Stockman is interviewed.

Thomas J.