US National Debt Crosses $18 Trillion
US National Debt now exceeds $18 Trillion with no end in sight. Will we see national default on the debt or hyperinflation?
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Canadian Housing Bubble: Small Signs?
Are Rising Subprime Mortgages a Small Sign of Big Things to Come?
Bob Murphy: The Case for Private Defense
Recent events surrounding Ferguson, Missouri and the choking death of Eric Garner have brought police misconduct to the forefront. Liber
More DC Lies on Debts and Spending
DC budget spinners are at it again, claiming that deficits are melting away and the national debt is no big deal. In fact, debt and spending are just as out-of-control as ever, and if interest rates go up, we’re in deep trouble.
Federal Reserve Policy Gets Worse Over Time
Fed management of the economy and the business cycle has only gotten much worse as it has grown more powerful and destructive. As the Federal Reserve has become more powerful, job losses have generally more severe and the duration of the recovery process has gotten progressively longer.
Does Europe Have Demand Deficiency Syndrome?
Many economists still believe that wealth can be created by simply convincing people to buy more stuff through loose monetary policy. What is really needed, though, is wealth creation, and then there is never a shortage of demand.
Jim Grant: What the Fed Calls Deflation is Actually Progress
Jim Grant recently appeared on Yahoo Finance and criticized central bankers and economists who fear deflation.
