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Booms and BustsMoney and BanksBusiness CyclesMoney and Banking
I am interviewed on Power Trading Radio about the Skyscraper Curse and Cyber Security Issues—Biggest Bank Heist in History!
Booms and BustsBusiness Cycles
More evidence the future of Austrian economics is in good hands is Patrick Newman’s excellent piece of scholarship recently published in the QJAE as "The Depression of 1873: An Austrian Perspective."
According to a new report just out by McKinsey, global debt has increased by $57 trillion since the Great Recession, outpacing world GDP growth during this time period.
Booms and BustsMoney and BanksBusiness Cycles
Booms and BustsOther Schools of Thought
While the policy may appear to work ─ the effect is temporary. One can achieve a short term lower unemployment rate but only at the cost of higher unemployment long term and increased instability.
Booms and BustsU.S. Economy
Mark Thornton Discusses the Fed's Non-Plan.
Booms and BustsGlobal EconomyBusiness CyclesPrices
Baltic Dry Index Sinks to Historic Lows
Booms and BustsGlobal EconomyInterventionismMonetary TheoryMoney and Banking
There has been much hand wringing among popular blogger-economists in response to the breaking of the Euro peg by the SNB.
Booms and BustsGlobal Economy
According to CBC News, "The Bank of Canada shocked markets today by cutting its key overnight lending rate by a quarter of a percentage point, citing the economic threat posed by plunging oil prices."
Just in case you have any thoughts that people at the Fed might have become slightly less dovish on inflation, rest assured, they have not.