Business Cycles

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Richard Cantillon Is Sleepless in Seattle

Business Cycles

Blog14 hours ago
Cheap money and Seattle's capital-fueled boom means Seattle may soon achieve Peak Skyscraper status.

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How We Should Name Business Cycles

Booms and BustsMoney and BanksBusiness CyclesMoney and Banking

Blog06/16/2017
Economists have long played semantic games with how they name business cycles. This is how they should do it.

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Week in Review: June 3, 2017

EducationThe EnvironmentGlobal EconomyHealthBusiness CyclesPolitical Theory

Blog06/02/2017
Political agendas like the Paris Agreement must take into account costs, benefits, and economic reality. "Science" doesn't dictate good policy.

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Robert Shiller Is Shilling for the State

Booms and BustsBusiness Cycles

Blog05/30/2017
For economist Robert Shiller, housing bubbles result from too little government regulation.

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Wine, Art, and Ferraris: The Bubble in Luxury Goods

Booms and BustsBusiness Cycles

Blog05/24/2017
Our inflationary economy is sending the prices of luxury goods soaring — while prices on products for regular people are often flat.

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Week in Review: April 22, 2017

Taxes and SpendingBusiness CyclesInterventionismPolitical Theory

Blog04/21/2017
Instead of taxes being "the price we pay for civilization," taxes are an unnecessary burden on the prosperity of society.

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Why Understanding "Roundaboutness" Is so Important

Booms and BustsBusiness Cycles

Blog03/09/2017
Making production processes more roundabout results in greater production in terms of the quantity produced and a lower cost on a per-unit basis.

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Week in Review: March 4, 2017

Big GovernmentStrategyBusiness CyclesPolitical Theory

Blog03/03/2017
Both Trump and the Fed are relying on debt to keep their political agendas going.

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The Great Gatsby and the Fed

Booms and BustsMedia and CultureBusiness CyclesPolitical Theory

Blog02/17/2017
The “constant flicker” of American life described by Fitzgerald in his novel is no less than the artificial boom driven by the Fed during the 1920s.

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Updating Robert Higgs's "Gross Domestic Private Product"

Booms and BustsTaxes and SpendingBusiness Cycles

Blog02/17/2017
Although once controversial, government purchases are now included in GDP measurements. But, it may be still useful to remove these purchases from GDP.

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