Latest Articles
Let’s (Not) Panic Again
by Simon Sarevski Since time immemorial if you asked an adolescent whether he expects to live a better life than his parents the definitive…
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Why assessing business cycles using the NBER approach is questionable
Most economists are of the view that by means of economic indicators it is possible to identify early warnings regarding an upcoming recession or…
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Should forecasting accuracy determine the acceptance of a theory?
In order to establish the state of the economy economists employ various theories. Yet what are the criteria for how they decide whether…
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The Perils and Pitfalls of Political Paternalism
cross the spectrum of differing political views, whether “progressive,” “nationalist,” “populist,” or “conservative,” there is a common presumption in all of their policy positions…
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Monetary Massacre Theory
“A deeply disturbing account of the destructive potential of belief.” – Ammar Kalia, reviewing BBC Four’s Storyville: Jonestown – Terror in the Jungle. …
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Labour and the Gulag: the Labour Party’s record of support for totalitarian socialism
In 1910, Labour’s first leader, Keir Hardie, declared that “[Marx’s] memory is a consecrated treasure in the heart of millions of the…
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Do we need government to promote innovation and economic growth?
According to Mariana Mazzucato, the RM Phillips Professor in the Economics of Innovation at the University of Sussex, government is an important factor…
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Why looking at the data without a theory cannot tell us much
For most so-called practical economists, information regarding the state of an economy is derived from the data. Thus if an economic statistic such…
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Does the Friedman’s plucking model refute Mises’s boom-bust cycle theory?
According to an article in Bloomberg on November 5, 2019, Milton Friedman’s plucking theory seems to be vindicated. According to Friedman there appears to…
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Statistical misdirection
Economists who understand credit cycles expect the current cycle to enter its crisis stage at any moment. Furthermore, it combines with increasing trade tariffs…
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Can easy monetary policies help to absorb idle resources?
It is widely believed that resources that are utilized in normal times to promote economic prosperity become underutilized during recessions. Some experts hold…
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Leveraged Loans – History Rhyming?
Despite three Federal Reserve rate cuts, leveraged loan credit quality is rapidly declining Covenant-lite issues now account for more than 80% of US$…
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The Japanization of the European Union
The Japanization of the European Union[1] Introduction The topic of my lecture today is “The Japanization of the European Union.” I…
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Targeting nGDP Targeting
Not too long ago, we wrote about the so called Modern Monetary so called Theory (MMT). It is not modern, and it is not…
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Latest Articles on Economics
Let’s (Not) Panic Again
by Simon Sarevski Since time immemorial if you asked an adolescent whether he expects to live a better life than his parents the definitive…
Why assessing business cycles using the NBER approach is questionable
Most economists are of the view that by means of economic indicators it is possible to identify early warnings regarding an upcoming recession or…
Should forecasting accuracy determine the acceptance of a theory?
In order to establish the state of the economy economists employ various theories. Yet what are the criteria for how they decide whether…
Latest by Format
Latest Articles on Money
Treascomm: Steve Baker, Mark Carney and the Future of the Monetary System
Mises on 100-Percent Reserve Banking
By Edward W. Fuller Economists debate whether Ludwig von Mises advocated free banking or 100 percent reserve banking. This debate is significant. Mises states, “the…
The World Is Growing Tired of Government-Controlled Fiat Currencies
Source: https://mises.org/wire/world-growing-tired-government-controlled-fiat-currencies Listen to the Audio Mises Wire version of this article. Here in the U.S. the financial markets are focusing on Fed Chair Jerome Powell’s herky-jerky monetary…
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