Business Cycles

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Why the EU Is Doomed

Global EconomyBusiness CyclesPolitical Theory

Blog09/16/2016

The EU is ill-equipped to deal with the crises that lie ahead.

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IRS Numbers Show Little Income Growth for Americans

Taxes and SpendingU.S. EconomyBusiness Cycles

Blog09/16/2016

Real income and wealth growth in the United States peaked in the 1990s, and has been declining since.

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Latin America's Pink Tide Crashes on the Rocks

Booms and BustsGlobal EconomyBusiness CyclesPolitical Theory

Blog09/08/2016

More than a decade ago, some South American countries were moving to the left in an effort to create a new paradigm. Things have not gone well for them.

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5 Reasons Why Austrian Economics Is Better than the Mainstream

Global EconomyAustrian Economics OverviewBusiness Cycles

Blog08/15/2016

Mainstream economics is fraying at both ends. It is vague, and lacks precision. Austrian economics, meanwhile, is rooted in concrete human action.

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Manipulation: The Phony Job Recovery

U.S. EconomyBusiness CyclesInterventionism

Blog08/11/2016

Delving further into the jobs report, we see that many of the jobs that were supposedly created were jobs in government.

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Latest Jobs Data: The Worst Expansion in 30 Years Continues

Booms and BustsU.S. EconomyBusiness Cycles

Blog08/05/2016

The media is telling us how excellent the latest jobs numbers are. Unfortunately, it's more of the same for what is the weakest recovery in decades.

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Deflation Is Always Good for the Economy

Business CyclesInterventionismMoney and Banking

Blog08/04/2016

The major threat to any economy is not deflation, but the policies used to count it.

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A New, Easy-to-Read Explanation of Mises's Human Action

Booms and BustsAustrian Economics OverviewBusiness CyclesMoney and Banking

Blog08/02/2016

Robert Murphy's Choice: Cooperation, Enterprise, and Human Action can serve as a companion to reading Mises's rather imposing Human Action.

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Why a "Dollar" Should Only Be a Name for a Unit of Gold

Business CyclesMonetary Theory

Blog07/25/2016

No one prints dollars on the purely free market because there are, in fact, no dollars; there are only commodities, such as wheat, cars, and gold.

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Our Monetary System Favors the Rich and Hurts the Poor

Business CyclesMonetary Theory

Blog07/24/2016

Our monetary system encourages debt and punishes saving. It also benefits those who already have money at the expense of those who do not.

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