Financial Markets

In recent years, we’ve seen more and more Austrian-tinged economic analysis. There has been tremendous growth in interest in Austrian economics among financial professionals.

It’s difficult to envisage a downward-sloping yield curve in an unhampered market economy since this would imply that investors are assigning a higher risk to short-term maturities than long-term maturities. But in today’s economy, an upward or a downward sloping yield curve reflects the Fed’s interest rate policies.

Some economists of the Austrian School contend that business cycles are created when banks use the proceeds of short–term time deposits to create longer-term loans. 

The Fed does not produce work or items of value.

Many still blame “deregulation” for the financial disaster that was caused by an intricate web of federal laws and regulations, writes Dale Steinre

The insider trading debate traditionally discusses the pros and cons of insider trading and draws a conclusion about the desirability or undesirability of public regulation of insider trading. 

Bank clearinghouse associations provided critical emergency services to their member banks during times of crisis. However, these associations, and the New York City Bank Clearinghouse Association (NYCHA) in particular,

In contemporary economic theory, and especially in macroeconomics, expectations are being given a central place. There is virtually no economic model that does not examine how, within a dynamic perspective,

An entire generation of students has been taught to accept efficient market theory (EMT) as gospel.  They have learned about investing in securities in an academic environment that rejects fundamental analysis. 

The theory of monetary disequilibrium, as espoused by Selgin (1988), White (1989), Horwitz (2000), and others, has been used to justify the issuance of fiduciary media under a system of fractional reserve “free” banking.