Booms and Busts

There are really two types of asset-price-inflation periods. One is the "boom" type, but the other is the current "depression" type.

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

It turns out that the Japanese people do not have the Apoplithorismosphobia that their government officials have.

Watch or listen to Mark Thornton's talk at the Mises Circle in Boston.

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.

Because the only thing government is worse at than pricing risk, is learning from past mistakes.

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.

The book is informative about inflation in all periods of human history, and researchers looking for concise overviews will find much use in it.

Quarterly Journal of Austrian Economics 19, no. 2 (Summer 2016) The recent financial crisis of 2007–2008 generated a debate among economists over whether the leading central banks’ unprecedented monetary intervention would spark a massive...