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Booms and BustsTaxes and SpendingMoney and BankingPolitical Theory
Donald Trump's spending plans will not invigorate the economy. However, There are some things Trump could do to truly encourage wealth creation.
Booms and BustsBusiness Cycles
Mises made a distinction between credit that is backed by savings, and credit that is not. The second type plays a key role in the boom-bust cycle.
Booms and BustsMoney and BanksMoney and Banking
There are really two types of asset-price-inflation periods. One is the "boom" type, but the other is the current "depression" type.
Booms and BustsThe FedBusiness Cycles
Joseph Salerno spoke on "Why Falling Prices Are Good for Business" at Ramapo College in New Jersey on October 4.
Putting the finishing touches on the world's largest building in China
Booms and BustsThe FedMoney and BankingPrices
It turns out that the Japanese people do not have the Apoplithorismosphobia that their government officials have.
Booms and BustsBusiness CyclesMoney and Banking
With such low interest rates, shouldn't we be experiencing a boom? The problem is, a solid economy requires much more than just low interest rates.
Booms and BustsInterventionism
Because the only thing government is worse at than pricing risk, is learning from past mistakes.
Booms and BustsMoney and BanksBusiness CyclesMoney and Banking
The cure for the curse of the Federal Reserve and its grand experiment is to install a sound monetary order. The next US president must clean house.
Booms and BustsGlobal EconomyBusiness CyclesPolitical Theory
More than a decade ago, some South American countries were moving to the left in an effort to create a new paradigm. Things have not gone well for them.