Global Economy

A few more banking crises will likely cause confidence in the fractional-reserve banking system to evaporate.

From the session on “Advances in the Theory of Entrepreneurship,” presented at the Austrian Economics Research Conference.

A transcription of a wide-ranging lecture, full of insight as well as humor, by the great Austrian economist and social theorist Hans-Hermann Hoppe, discussing the state, anarchy, democracy, monarchy, crime, security, and more. Delivered at the 2009 Mises University.

Several Austrian economists respond to the German Central Bank's move to repatriate its foreign-held gold.

You don't need to be a "conspiracy theorist" to see what's going on here. All you have to do is be willing to use your eyes.

This psychological phenomenon is the “irrational” response of people living in a bubble economy.

The problem in Europe (and the USA) is not too much but too little austerity — or its complete absence.

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.

Germany could prove to the world that a gold-backed money is not only possible but desirable.

The average yearly rate of growth in Estonia stood at 8.4 percent in 2011 against overall eurozone performance of 1.5 percent.