Is “Austerity” Responsible for the Crisis in Europe?
If we define austerity more properly as a reduction in the size of government, then it cannot be held responsible for the crisis in Europe, because it was never tried.
Global Economy
Displaying 1041 - 1050 of 1757
Japan’s Easy Money Tsunami
The Bank of Japan has embarked on one of the most inflationary policies ever undertaken.
A Deadlier Disaster for the Third World: Unemployment
While we may denounce the owner for criminal negligence, it is absurd to denounce him for seeking profit.
Competing Currencies: The Euro and Gold
For those interested in the Euro, Andreas Hoffmann (University of Leipzig), has some inter
Lessons from Cyprus
The first lesson to be learned is not to trust pronouncements about the safety of banks.
Sweden’s Great Depression
From the session on “Studies in Economic History,” presented at the Austrian Economics Research Conference.
An Investigation into Great Britain’s Commercial Crisis of 1857 and the Preceding Business Cycle
From the session on “Studies in Economic History,” presented at the Austrian Economics Research Conference.
Cyprus and the Unraveling of Fractional-Reserve Banking
A few more banking crises will likely cause confidence in the fractional-reserve banking system to evaporate.
Driving the Market Process: Why Entrepreneurial “Alertness” Trumps “Creative Destruction”
From the session on “Advances in the Theory of Entrepreneurship,” presented at the Austrian Economics Research Conference.
The Economics of World Government
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.
