Booms and BustsBusiness Cycles
Even if business people learn to expect easy-money caused bubbles and busts — this would still not prevent the formation of a boom-bust cycle.
EducationPhilosophy and Methodology
Money and BanksMoney and Banking
Not only will easy-money policy not increase production, it will impoverish us by inflating away real wealth.
To Murray N. Rothbard, pioneer of praxeological analysis with all good wishes. March 2nd, 1967. ~Ludwig von Mises
The EntrepreneurU.S. HistoryWorld History
One of the most instructive of all examples from maritime history is that of privateering, that is, the employment of profit-seeking, private armed ships during wartime.
Financial MarketsMoney and BanksMoney and Banking
A major factor that can explain the apparent contradiction between weakening so-called fundamentals of today — and the stock market's continued march upward — is changes in monetary liquidity.
Judy Shelton may be a tolerable—at least to Republicans—candidate for Federal Reserve Board of Governors.