
ECB Policy-Failure On Display: European Businesses Aren’t Planning To Invest
There once was a time (at least in banished Austrian economic circles) when low market interest rates signaled to entrepreneurs a positive environment in…
Read MoreThere once was a time (at least in banished Austrian economic circles) when low market interest rates signaled to entrepreneurs a positive environment in…
Read MoreIt could have been significantly worse. In the words of Jakob von Weizsacker MEP, who drafted the resolution, and whom I had the pleasure of…
Read MoreRegulations are nearly always introduced with the best intentions. In financial services, they aim to stop unscrupulous brokers and banks from ripping off the…
Read MoreSource: http://bawerk.net/2016/05/23/academic-skullduggery-how-ivory-tower-hubris-wrecks-your-life/ In the 1970s economists started to incorporate rational expectations into their models and not long after the seminal Kydand & Prescott (1977) article…
Read MoreSource: http://bawerk.net/2016/05/19/fed-suppression-long-term-economic-repression/ The Federal Reserve really wants to raise rates, but they do not dare as the consequence of interrupting an unprecedented level of capital…
Read MoreFollowing this week’s FOMC Minutes shows, which violently repriced June rate hike odds from 4% to 30% and July from 20% to 50%, the…
Read MoreIn a March paper from the Kansas City Federal Reserve Bank – The Lasting Damage from the Financial Crisis to U.S. Productivity – the…
Read MoreAlthough the myriad of benefits that is entailed through a choice of monies (unemployment, trade, credit market and so on) has often been exposited,…
Read MoreThe world is threatened with a renewed wave of anti-capitalism and anti-business sentiments and policies. Many who cheered the demise of Soviet communism in…
Read MoreSource: http://www.zerohedge.com/news/2016-05-16/mutiny-among-magic-people-india-central-banker-admits-ammo-almost-gone The self-described “magic people” who “give to the markets” are facing a mutiny this morning as Raghuram Rajan, the head of the Indian…
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