Myth: Gold Makes Boom-Bust Cycles Worse
The gold standard, if not abused, is not conducive to boom-bust cycles.
The gold standard, if not abused, is not conducive to boom-bust cycles.
Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so.
Many people fail to correctly distinguish between the causes and effects of price inflation and those of monetary inflation.
Caitlin Long explains how blockchain technology might blow up the financial service and banking industries.
The only reason why the illusion that central authorities can grow an economy appears to be real is because of a still expanding pool of real savings.
A monetary crisis is coming. Will gold or crypto replace the dollar?
The EU’s precariousness will only be fully exposed by the next credit crisis and the ECB’s response to it, which will end up collapsing the euro.
Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.
Per Bylund explains the many contributions of Jean-Baptiste Say, a precursor to the Austrian School of economics.
It's true that the Fed doesn't directly set a target for money creation. But by setting interest-rate targets, the Fed adopts a de facto policy of money creation.