Friday, 28 November 2014

Monthly Archives May 2012

Pre-Fed Panics: Their Causes, Cont’d

Posted by Gonzalo Schwarz
May 31, 2012

Earlier we posted a reply, by Dr. Bob Murphy, to an NYT blog post by Dr. Paul Krugman, wherein Murphy criticized Krugman’s interpretation of certain statistics and used work by Dr. Steven Horwitz to buttress his argument. Here Dr. Joseph Salerno takes issue with Dr. Horwitz’ conclusions, and adds his thoughts to the matter. By Joseph […]

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Europeans Ambivalent About the Euro

Posted by Gonzalo Schwarz
May 30, 2012

From the Associated Press: LONDON — The debt crisis that has ravaged Europe for the best part of three years has exposed a dislike of the single currency but little desire to abandon it, a wide-ranging survey of public opinion found Tuesday. Pew Research Center’s survey across eight European Union countries, including five members of the 17-country eurozone, indicated […]

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The Impending Bernanke Bust

Posted by Gonzalo Schwarz
May 29, 2012

by Michael Pollaro To Austrians, all economic “booms” founded on monetary largesse always end in economic busts, roughly equal in size and intensity to the preceding booms. By distorting interest-rate and price signals and, as a consequence, creating malinvestments that must eventually be liquidated, monetary booms necessitateeconomic busts. This is true regardless of whatever short-term benefits the economy or financial markets […]

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