Latest Articles
Monetary policy transparency, the monetary bubble and the likely economic bust ahead
By Dr Frank Shostak In an interview with National Public Radio’s “Morning Edition” program on Thursday March 25 2021, Fed Chair Jerome Powell said…
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Why loose monetary policies cannot set real economic growth?
By Dr Frank Shostak Between January 1970 and December 2020 on average changes in money supply preceded by 14 months changes in real economic…
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Say’s law and the destruction of savings
This article explains the fundamental mistake behind Keynes’s General Theory, the vade mecum for all macro and mathematical economists today. It is no exaggeration…
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To End Budget Deficits, Restrict Political Pickpockets
Government spending is out of control. In March 2021, the Congressional Budget Office (CBO) projected that federal government spending in fiscal year 2021 (which began on…
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Real savings – the heart of lending
By Dr Frank Shostak After climbing to 12.2% in April last year the yearly growth rate of combined commercial bank real estate, consumer and…
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Opening at IEA for Academic and Research Director (A&RD)
There is a good opening at the IEA for someone with the requisite skills. You can see more here: https://iea.org.uk/wp-content/uploads/2021/02/RD-role-GB-converted2.pdf Below is a short…
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Economic Effects Of Pandemics
(An Austrian Analysis) BY JESÚS HUERTA DE SOTO (Draft written between December 26, 2020 and January 27, 2021) Introduction: Recurrent Cycles of Boom and…
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The “Most Important Question” For Investors: Where Will Biden’s Trillions In Stimmys End Up?
BY TYLER DURDEN at Zero Hedge Now that the $1.85 trillion Biden stimulus is officially being deployed with tens of millions of stimmy checks…
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Printing Money in Times of Corona
The coronavirus has dominated all of our lives in recent months. Radical paths were taken by politicians in the form of lockdowns to contain…
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How a policy of making the economy stable undermines individuals well being
By Dr Frank Shostak For most commentators economic stability refers to an absence of excessive fluctuations in key economic data such as real gross…
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Keynesian ideas and present economic environment
By Dr Frank Shostak According to John Maynard Keynes, The ideas of economists and political philosophers, both when they are right and when they are…
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Post-Covid Policy Advice from Ludwig von Mises for Developing Countries
The coronavirus and the government responses with shutdowns and lockdowns, along with restrictions on international travel and disruptions of the global supply chains that…
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The Digital Euro and Central Planning
Neosocialist China does it, Sweden does it, and many other states want to do it, too: to issue digitized central bank money for everyone….
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A Review of Stock Market Valuations – Part 2
As global stock markets continue to rise, commentators talk of a bubble Shorter-term indicators suggest the markets have run ahead of fundamentals Expectations about…
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Latest Articles on Economics
Monetary policy transparency, the monetary bubble and the likely economic bust ahead
By Dr Frank Shostak In an interview with National Public Radio’s “Morning Edition” program on Thursday March 25 2021, Fed Chair Jerome Powell said…
Why loose monetary policies cannot set real economic growth?
By Dr Frank Shostak Between January 1970 and December 2020 on average changes in money supply preceded by 14 months changes in real economic…
Say’s law and the destruction of savings
This article explains the fundamental mistake behind Keynes’s General Theory, the vade mecum for all macro and mathematical economists today. It is no exaggeration…
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
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