Financial Markets

A return to sound money is needed. This would, as outlined by many Austrian economists, require putting an end to government's monopoly over monetary affairs.

By outlawing short selling, the Securities and Exchange Commission outlawed a practice that produces information necessary for financial markets to function smoothly.

Jeffrey Tucker interviews Kevin Duffy.  Recorded 8 October 2008.

Personally, I am still a long-term optimist, but as a student of the Depression I know that Congress and the executive can do much damage before the long term gets here, and indeed, they can delay its arrival indefinitely.

Jeffrey Tucker interviews Robert Higgs. Recorded 6 October 2008.

Economic agents in general and companies in particular can only rehabilitate their finances by cutting costs (especially labor costs) and paying off loans.

The Paulson Plan is one more step in the socialization of America, but it is also a great bank robbery.

It is a sign, rather, that we have allowed our monetary, fiscal, and regulatory authorities to lure us like lambs to the slaughter to the unwarranted socialization of the most important sector of the capitalist system.

William Tucker says nuclear power is the most concentrated energy and is the cure for the nation's energy ills. And in his view there is no such thing as nuclear waste — it all is recyclable.

As long as governments and central banks continue to focus on the monetary symptoms of the "secondary depression" and continue to ignore the structural aspects of the "primary depression," they act like quacks.