The Unending Artificial Boom
Austrian economics invariably predicts gloom and doom as a result of policy intervention, which by definition create “artificial” booms and bubbles. Events on the ground have forced even some of […]
Austrian economics invariably predicts gloom and doom as a result of policy intervention, which by definition create “artificial” booms and bubbles. Events on the ground have forced even some of […]
Austrian economics favors ‘hard money’ policies that are curiously popular in the financial sector. It’s curious because hard money policies don’t seem to serve the financial sector, acting as a […]
The best general explanation for the weak world economy is an excess of savings over investment; weak business investment is a crucial part of this. Austrian economics has difficulties explaining […]
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 […]
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 […]
Huh?! The curious world of Austrian economics