It’s Coming Home this November! Event in Austrian central bank in Vienna
This will be a good one. See more here: http://austrianconference.org/
Read MoreAustrian School
The Austrian School Warned, the ECB Didn’t Listen
by Alvaro Martin Looking at the current situation, one can easily perceive that our economic environment is not in the best condition. The whole…
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How the GDP framework creates the illusion that by means of money pumping the central bank can grow an economy
In response to a weakening in the yearly growth rate of key economic indicators such as industrial production and real gross domestic product…
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The Disaster of Negative Interest Policy
Those who had hoped that things could not get worse with the monetary policy of the European Central Bank (ECB) have been proven wrong….
Read MoreDo banks require savings to accommodate demand for lending?
There is an emerging view held by many commentators that it is banks and not the central bank that are key for the expansion…
Read MoreHow fractional reserve banking contributes to increases in money supply
Some commentators consider fractional reserve banking as a major vehicle for the expansion in the money supply growth rate. What is the nature…
Read MoreCan boom-bust cycles emerge in a free market economy where gold is money?
Following the Austrian Business Cycle Theory (ABCT), the boom-bust cycle emerges in response to a deviation in the market interest rate from the…
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The shape of the yield curve and the state of the economy
On Wednesday August 14 2019, participants in financial markets were shocked by the news that the differential between the yield on the 10-year…
Read MoreDeeply negative nominal rates are on their way
Growing evidence of a severe global recession is sure to provoke more aggressive monetary policies from central banks. They had hoped to have the…
Read MoreDoes the GDP growth have anything to do with true economic growth?
To gain insight into the state of an economy, most financial experts and commentators rely on a statistic called the Gross Domestic Product…
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