Lessons from History: The Business Cycle
A boom of credit expansion employed to increase output only further hinders the economy’s ability to recover. Cheap credit is not a tool to…
A boom of credit expansion employed to increase output only further hinders the economy’s ability to recover. Cheap credit is not a tool to…
Milton Friedman (1963) argued that “inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only…
With a recession looming over the average American, the group to blame is pretty obvious, this group being the central bankers at the Federal…
Under any remotely sound money regime the aftermath of war and/or pandemic is highly likely to feature a sharp decline in the prices of…
The current baby formula shortage in the United States is a pressing crisis, and many in the media have been rushing to explain how such a…
Some interesting data on housing prices in the United Kingdom(1) was recently published by Savills, one of the world’s leading property agents. The important…
“The Earth speaks to us through the elements of nature. In every natural thing, we can find a hidden, powerful message.” Ralph Waldo Emerson…
“Inflation” is back in the headlines, and a lot of nonsense is being said about it. Without much thought whether it makes sense or…
Hayek brings Popper closer to the Austrians in asserting the limits of science and quantitative methods in investigating the objects of the social sciences.João…
With the official inflation (CPI) rate at +7.9% year-over-year – a 40-year-high – one could be forgiven for believing that the government’s statistics are…