The Austrian Prescription
byAt the start of the year it has become wearily traditional for us pundits to offer one of two genres of prediction. The first…
Inflation: How it occurs and what are its consequences
byInflation: How it occurs and what are its consequences Guided by Austrian school economics, I have attempted to outline firstly the different mechanisms through…
Pool of wealth and economic bust
byIt has now become settled wisdom that the massive monetary pumping by the US central bank during and after the 2008 financial crisis saved…
Joseph Y. Calhoun: Pump It Up
byShe’s been a bad girl. She’s like a chemical. Though you try to stop it, she’s like a narcotic. You wanna torture her. You…
Price controls and propaganda
byMost economists agree on one thing; price controls do not work. Many go on to say they create shortages of goods, which inevitably drives…
Zero Hedge: With The Greek Crisis Back, There Are Five Possible Scenarios From Here
byAs discussed last Friday, Greece is back in the public spotlight and – hardly surprising – it is once again on the verge of…
Steve Mnuchin Defends the Myth of Fed Independence
byBy Tho Bishop One of the biggest surprises during Donald Trump’s unconventional presidential campaign was his frequent criticism of the Federal Reserve. Though he was…
The Economic Nationalism of Donald Trump
byDonald Trump has hardly taken his hand off the Bible upon which he took the presidential oath to preserve, protect and defend the U.S….
Jeffrey P. Snider: Economic Hope As Inventory
byInventories in the fourth quarter rebounded rather sharply, at least in terms of how inventory is calculated as a contribution to GDP. The GDP…
Global trade update
byThe easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been…