Latest Articles
Can consumer and business surveys ascertain the future direction of economy?
By Dr Frank Shostak In order to gain insight into the current and future state of an economy, many economists hold that it is…
Read More
More Government Debt as Far as the Fiscal Eye Can See
or the last two years, the federal government has been legally at liberty to borrow any amount of money necessary to cover its deficit…
Read More
Western socialism and Eastern capitalism
There has been a significant shift in geopolitics in recent months, with the US consciously deciding to withdraw from Asian conflicts, notably in Afghanistan….
Read More
The EU’s proposed regulation of markets in crypto assets
by Professor Elisabeth Krecké Cryptocurrencies are no longer a marginal phenomenon limited to nerdy online communities. They are increasingly acquired by companies, investment funds…
Read More
Gold standard and boom bust cycles
By Dr Frank Shostak According to the Austrian Business Cycle Theory (ABCT), the boom-bust cycle emerges in response to a deviation in the market…
Read More
A Review of the Book Salazar: The Dictator Who Refused to Die By Tom Gallagher
(London: Hurst & Company, 2020, 350 pages) By Jesús Huerta de Soto I was a small child when I first heard Salazar, the Portuguese…
Read More
The Bear’s Lair: The Oxfordshire School of economic thought
MARTIN HUTCHINSON Oxfordshire, beautiful rolling land of small villages before 1900, may seem (outside the eponymous University itself) an unlikely seedbed for an economic…
Read More
Review: Austrian Economics – An Introduction by Steven Horwitz
June 27 saw the passing of economist Steven Horwitz at the age of 57. His loss will be felt by all who value not…
Read More
Inflation or Lockdown Whiplash?
Mainstream analysis sees rising consumer prices, and looks for a monetary cause. Also, when it sees an increase in the quantity of dollars, it…
Read More
This Is a Weak Jobs Recovery
By Daniel Lacalle The United States’s jobs recovery is extremely poor, especially if we consider the size of the monetary and fiscal stimulus and…
Read More
The Phillips curve myth
By Dr Frank Shostak According to a popular way of thinking, the central bank can influence the rate of economic expansion by means of…
Read More
Commodities, Supply-chains and Structural Changes in Demand
Talk of a new commodity super-cycle may be premature Once GDP growth returns to trend, commodity demand will moderate Fiscal and monetary relief are…
Read More
Interest rates and the Fed what is the relation?
By Dr Frank Shostak It is widely held that the central bank is a key factor in the determination of interest rates. By popular…
Read More
“Progressives” Blame F. A. Hayek for Everything They Dislike
There is the ideologically captured mind that squeezes all the complexities, diversities, uncertainties, and serendipities of life into one limited dimension of cause and…
Read More
Latest Articles on Economics
Can consumer and business surveys ascertain the future direction of economy?
By Dr Frank Shostak In order to gain insight into the current and future state of an economy, many economists hold that it is…
More Government Debt as Far as the Fiscal Eye Can See
or the last two years, the federal government has been legally at liberty to borrow any amount of money necessary to cover its deficit…
Western socialism and Eastern capitalism
There has been a significant shift in geopolitics in recent months, with the US consciously deciding to withdraw from Asian conflicts, notably in Afghanistan….
Latest by Format
Latest Articles on Money
Why We Need a Free Market in Money
What is fiat money and what does it do? This is essential to understand since today’s worldwide unbacked paper, or “fiat,” money regime is an…
Central Banks and the Problem with Playing God
Today’s Western institutions have long been deemed to be sacrosanct. As a matter of fact, though, nation-states are increasingly met with reservation or even…
Treascomm: Steve Baker, Mark Carney and the Future of the Monetary System