Low Interest Rates Cannot Save a House of Cards
When is the price of some marketable good or service at or near zero? When either the supply of it is so plentiful that…
Austrian Economics, Monetary Freedom, and America’s Economic Roller Coaster
For over a decade, now, the American economy has been on an economic rollercoaster, of an economic boom between 2003 and 2008, followed by…
The Human Cost Of Socialism In Power
Source: http://www.epictimes.com/richardebeling/2015/09/the-human-cost-of-socialism-in-power/ The attempt to establish a comprehensive socialist system in many parts of the world over the last one hundred years has been…
John Stuart Mill And The Dangers From Unrestrained Government
Source: http://www.epictimes.com/richardebeling/2015/08/john-stuart-mill-and-the-dangers-from-unrestrained-government/ One of the great voices for personal liberty was that of the British economist and political philosopher, John Stuart Mill. His essay,…
An “Austrian” Economist’s Advice For Greece And The EU
For months, now, the mass media and the financial markets have anxiously watched and waited to see the outcome of a war of words,…
Markets, Not Janet Yellen, Should Set Interest Rates
Financial markets in the United States and around the world are all waiting with “bated breath” for when the Federal Reserve modifies its “easy…
Why Government Deficits And Debt Do Matter
[This piece first appeared here http://www.epictimes.com/richardebeling/2015/05/why-government-deficits-and-debt-do-matter/] The Congressional Budget Office (CBO) reported in early May that for the month of April 2015 the Federal government…
More Spending Is Not The Answer To A Slow Economy
Old fallacies never seem to die, they just fad away to reemerge once again later on. One such fallacy is that if there is…
Free Trade Benefits Vs. Fears Of Foreign Goods
[This piece first appeared here http://www.epictimes.com/richardebeling/2015/05/free-trade-benefits-vs-fears-of-foreign-goods/] Japanese Prime Minister Shinzo Abe spoke before a joint session of the U.S. Congress on April 29, 2015 and…
The Myth Of Global Gluts And The Reality Of Market Change
[This piece first appeared here http://www.epictimes.com/richardebeling/2015/04/the-myth-of-global-gluts-and-the-reality-of-market-change/] You may not have noticed it when out buying things in the marketplace in the context of your personal…