Booms and Busts

This lecture by Philipp Bagus was presented at the 2012 Mises University in Auburn, Alabama. 

The US government cannot use hyperinflation to escape the the promises it  made to retirees.

The Austrians in the late 1920s and early '30s were like scientists trying to address witch doctors.

The ECB has once again come to the rescue by cutting interest rates in order to forestall a collapse of the European economy.

Supporters of Keynesian economics sometimes claim it to be a crude caricature of the Master that he thought the government has only to spend more money to get us out of a depression and that getting us into debt doesn't

Tim Jackson, a professor of sustainable development at the University of Surrey, suggests that greater productivity may have reached its “nat

What the government should do about the bust that follows the boom is maintain a strict hands-off policy.

Today’s worldwide fiat-money regime has effects that extend beyond what most people would imagine, writes Thorsten Polleit.

Today's worldwide fiat-money regime has effects that extend beyond what most people would imagine.

People who look at the numbers know that the federal government will not muddle through this crisis.