Will the Fed Pop the Everything Bubble?
byThe history of economic development cannot be understood without the importance of recession periods. Recessions are often the result of the excess accumulated in…
Economics
Response: Fed’s Digital Currency Paper
byTo listen to the audio version of this article click here. The Federal Reserve published Money and Payments: The U.S. Dollar in the Age of Digital…
ZeroHedge: something will break, but this time it won’t be China
byBy Eric Peters, CIO of One River Asset Management from ZeroHedge: https://www.zerohedge.com/markets/hedge-fund-cio-something-will-break-time-it-wont-be-china “Market fears of rapid Fed tightening are occurring at a time when…
Socialism vs Free Enterprise
byI. THE STARTING CONDITIONS In this article I want to explain that a rapid departure from the free market system (or what is left…
The marginal utility theory: mainstream vs the Austrian framework
byBy Dr Frank Shostak Why do individuals assign a greater value to gold than to bread, when bread seems to be more “useful” than…
Intellectual Property, Fire, and Other Dangerous Things
byWhenever you are talking about IP to a group of libertarians, classical liberals, Austrians, and objectivists, you are always playing with fire. By Henrique…
Psychology and economics
byBy Dr Frank Shostak Recently, a relatively new economics called Behavioural Economics (BE) has started to gain popularity. Its practitioners such as Daniel Kahneman,…
Resisting the Market Process Undermines Freedom and Prosperity
byThe free market often seems a hard sell. The resistance and opposition to its seemingly straightforward case emerges and persists, over and over again….
How the GDP framework creates the illusion that the Fed can generate economic growth
byBy Dr Frank Shostak Most experts tend to assess the strength of an economy in terms of real gross domestic product (GDP). The GDP…
Money supply and rising interest rates
byThe establishment, including the state, central banks and most investors are thoroughly Keynesian, the latter category having profited greatly in recent decades from their…