Financial Markets
In Praise of Bankruptcy
Bankruptcy is a normal part of economic life, covered by laws that guarantee stockholders will be compensated as much as possible.
Current Market Conditions: 21 Oct. 2008
Jeffrey Tucker interviews Bob Murphy. Recorded 21 October 2008.
Current Market Conditions: 14 Oct. 2008
Jeffrey Tucker interviews Jesus Huerta de Soto on the current market conditions. Recorded 14 October 2008.
Confidence Is Leaving the Fiat Money System
A return to sound money is needed. This would, as outlined by many Austrian economists, require putting an end to government's monopoly over monetary affairs.
The SEC Short Sells Us Down the River
By outlawing short selling, the Securities and Exchange Commission outlawed a practice that produces information necessary for financial markets to function smoothly.
Current Market Conditions: 8 Oct. 2008
Jeffrey Tucker interviews Kevin Duffy. Recorded 8 October 2008.
Bailout Blame Game
Personally, I am still a long-term optimist, but as a student of the Depression I know that Congress and the executive can do much damage before the long term gets here, and indeed, they can delay its arrival indefinitely.
Current Market Conditions: 6 Oct. 2008
Jeffrey Tucker interviews Robert Higgs. Recorded 6 October 2008.
Financial Crisis and Recession
Economic agents in general and companies in particular can only rehabilitate their finances by cutting costs (especially labor costs) and paying off loans.