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Economic Collapse News » Austrian Economics
1y ago
By: William Anderson On August 15, 1971, the last remains of what had been a magnificent monetary system died a terrible death, and the American academic, political, business, and media elites led the cheers. The Dow Jones Average jumped by more ..read more
Economic Collapse News » Austrian Economics
1y ago
By: Andrew Moran Do you need a stiff drink after listening to President Joe Biden speak for 20 minutes? Are you interested in shooting at tin cans in the backyard? Is it bothersome to see the trash not being picked up in your city? Where is that ..read more
Economic Collapse News » Austrian Economics
1y ago
By: Robert Murphy In a recent column for the New York Times, the world’s most famous Keynesian, Paul Krugman, attacked Austrian business cycle theory (ABCT). In addition to repeating his decades-old claim that ABCT suffers from an internal ..read more
Economic Collapse News » Austrian Economics
1y ago
By: Purchasing Power Matters In today’s economy, good luck if you’re a saver. No matter how much you have tucked away inside a general savings account, you are receiving pittance on your deposits. Right now, there are zero signals that ..read more
Economic Collapse News » Austrian Economics
1y ago
By: Daniel Lacalle Last week, Ned Davis Research published a note titled “Turns Out, Growth Looks like It Was Transitory—Inflation Is More Sticky.” There are many factors that show us that consumers and salaries are being eaten away by inflation ..read more
Economic Collapse News » Austrian Economics
1y ago
By: Andrew Moran Who knew that the terrific 2002 motion picture, Minority Report, would become the basis of a U.S. president’s economic agenda? The concept of pre-crime is nothing new in public policymaking, as it has been entrenched in ..read more
Economic Collapse News » Austrian Economics
1y ago
By: James Garagnon Last month on “World Food Day,” Pope Francis yet again graced us with some economic words of wisdom in three tweets, effectively blaming free enterprise and capitalism for the continued existence of world hunger: The fight ..read more
Economic Collapse News » Austrian Economics
1y ago
By: Ron Paul Bloomberg News recently solicited advice from Argentinians who lived through that country’s high inflation on how Americans should cope with rising inflation. The Argentinians suggested Americans spend their paychecks as fast as ..read more
Economic Collapse News » Austrian Economics
1y ago
By: Andrew Moran In the classic Lewis Carroll novel, Alice’s Adventures in Wonderland, the main character says, “If I had a world of my own, everything would be nonsense.” Who knew this would become the economic doctrine of the Democratic Party ..read more