Booms and Busts

It was not the banks as such that caused the crisis but rather the boom-bust policies of the central banks of Ireland and Iceland.

Mainstream economists opposed to broadly discretionary monetary policy favor rules to restrain central bankers, but can central banking be restrained?

Robert Higgs's concept of <em>regime uncertainty</em> has caught on with businessmen and the press.

Presented at the Mises Circle in Manhattan, hosted by the Ludwig von Mises Institute and sponsored by the Story Garschina Charitable Fund, and Anon

This book contains the oddest sentence I have ever read about the current financial crisis, or for that matter about any financial crisis.

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