Bank Failures in Slow Motion
We've only had 294 failures this cycle, but it is a big deal: adjusted to current dollars, the Depression banking crisis was $100 billion, the S&L crisis was $923 billion, and the current crisis is nearly $8 trillion.
U.S. Economy
Displaying 1501 - 1510 of 2164
The Real Reason for FDR’s Popularity
What if a president took a different direction and sought popularity by expanding rather than reducing liberty? There is a model here they could follow, but it is not one you have thought of. It is Franklin D. Roosevelt.
Nobel Committee in Search of Economists
Even though these economists — especially Diamond — are very smart and productive, they and their colleagues have hardly helped the plight of the unemployed, as we stumble ever deeper into depression.
The Financial Crisis and the Death of Macroeconomics
Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 9 October 2010.
The Recovery and Statism
Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 9 October 2010.
The Fed, Gold, and Troubled Times
Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 8 October 2010.
Recapitalizing the Banks but Decapitating the Economy
Recorded at the Ludwig von Mises Institute; Auburn, Alabama; 8 October 2010.
Was TARP Good for the Taxpayers?
Despite the chorus of praise, the TARP bailout was a terrible idea that will cost taxpayers both directly and indirectly through its perverse incentives. Only the Austrians consistently opposed the Republican and Democrat bailout schemes.
The Twofold Roots of the Great Depression: Inflationism and Intervention
It is not the system of private enterprise and free markets that is responsible. It is the suspension of that system. It is not capitalism but interventionism and monetary uncertainty that are responsible for the persistence of the slump.
