Booms and Busts

Robert Higgs advises us

Here is the link to a Bloomberg story that contains a link to th

Euros secretly airlifted to keep Greek banks afloat

The signs of an incipient asset bubble, induced by the Fed become more evident every day.

Paul Krugman in 2002: "Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble."

The official reaction to the present crisis has been a virtual match to Rothbard's recessionary “don’t do” list.

As if any more evidence were needed (se

It was not the banks as such that caused the crisis but rather the boom-bust policies of the central banks of Ireland and Iceland.

Mainstream economists opposed to broadly discretionary monetary policy favor rules to restrain central bankers, but can central banking be restrained?

Robert Higgs's concept of <em>regime uncertainty</em> has caught on with businessmen and the press.