An Austrian Perspective On Greece | Seeking Alpha
Austrian economist tends to blame soft money, market inefficiencies and a bloated state for the Greek crisis. However, since these have been present for decades in the Greek economy, they […]
When A Country Doesn’t Trust Its Own Currency
Argentina’s financial markets are on a tear, which might seem odd considering the basket case label often attached to it in the financial press. However, a closer look will reveal […]
Victorious Draghi?
The rebound in eurozone economic performance, financial markets and the slide in the euro suggests that the ECB has managed to get the eurozone out of the deflationary rot. However, […]
The Great Wage Moderation, A Primer | Seeking Alpha
While employment creation is back to normal and unemployment has fallen to levels at which wage inflation tends to pick up, there is no sign of the latter happening. This […]
Currency Debasement?
Real rates have declined almost everywhere in the developed world, the savings glut doesn’t turn into an investment glut. The result is excess capacity, slow growth and underperforming economies. How […]
Secular Stagnation and Asset Prices
There is a lot of confusion what secular stagnation really means; here is a quick introduction and scheme. We look at what impact secular stagnation has on asset prices. Secular […]
Keynesian versus supply-side economics
In the battle of economic ideas, one that has been raging for nearly four decades is that between supply-siders and Keynesians. While we think some supply-side measures can be useful, […]
Bond markets versus Peter Schiff
Some market observers like Peter Schiff have warned us that many markets and even the whole economy are kept up by asset purchases by the Fed. So we should expect […]
We’re terrible at assessing risk
the increase in car travel stemming from people’s fear of air travel directly after 9/11 likely led to an increase in traffic fatalities measured in the thousands, and possibly more […]
Austrian Economics Recipe For Disaster
Austrian economists like Peter Schiff and Jim Grant propose non-intervention combined with a return to the Gold Standard as a solution for the economic crisis. This is basically the recipe […]