The Fed is very nearly bust
byIn his latest article for ConservativeHome, Steve Baker considers the viability of America’s central bank: A review of the US Federal Reserve’s own document:…
Economics
Why mathematics and modeling should not be equated with economics and human action
byA very intelligent friend of mine of markedly different political persuasions said the other day that he avoided “technical economic arguments” with me as…
Detlev Schlichter warns of paper money collapse within 2 to 5 years
byA couple of days ago, TCC Senior Fellow Detlev Schlichter had this must-read interview published here and here. A few days before hand, Detlev…
Phases of the crisis – are we approaching the endgame?
byPhase 1: Greenspan, the arch money crank The Greenspan “put”, and the collective adoption by most central bankers of low interest rates after the…
Buffett’s $5 billion ‘vote of confidence’ in Bank of America
byWarren Buffett is the most successful investor on the planet and a very smart fellow. His core team also gave me a job in…
The fight of the century redux: Murphy vs. Smith
byExciting news from Mises.org: The great debate between Keynesians and Austrians enters the digital age with the Mises Academy’s first ever online formal debate,…
The Jewish Chronicle publishes an article on MA
byVia Honesty is best policy | The Jewish Chronicle, I set out MA, the Austrian measure of the money supply developed by Dr Anthony J…
Science fiction got there before Krugman
byRecently, Paul Krugman claimed that the threat of an invasion by space aliens could bring the US economy out of recession in eighteen months….
Prices and the demand for money
byBanking theory remains one of the most heatedly debated areas of economics within Austrian circles, with two camps sitting opposite each other: full reservists…
The demise of central planning
byAs a young man, Prof Ebeling witnessed first hand the demise of the Soviet system. The article below is a truly remarkable eye witness…