Booms and Busts

Displaying 1 - 10 of 1167

These Eight Words Helped Cause the Great Depression

Booms and BustsLabor and WagesBusiness Cycles

Blog07/09/2018

Here are the fateful words that set the stage for years of high unemployment: “We believe in the principle of high wages.”

Read more

In Hiking Interest Rates, Jerome Powell is Living Dangerously

Booms and BustsThe FedFinancial Markets

Blog06/14/2018

The Fed is already living dangerously with its recent hike, and further rises will all but guarantee a credit crisis. 

Read more

No, the President Isn't "Running the Country"

Booms and BustsTaxes and Spending

Blog06/02/2018

Behind the scenes, the great machine of government churns along, often in complete disregard to the president or his stated policies.

Read more

Housing: High Prices, Few New Units

Booms and BustsMoney and Banks

Blog05/12/2018

We're in a boom period, but housing construction is scant — which is making housing less affordable.

Read more

"More Data" Won't Improve Economists' Lousy Predictions

Booms and BustsBusiness CyclesOther Schools of Thought

Letting data drive theory is like groping in the dark hoping to find not only a light switch, but the very idea of a light switch as well. 

Read more

Improving Expectations Won't Improve the Reality of Economic Conditions

Booms and Busts

Blog04/06/2018

Central banks can put in motion a prolonged deviation of expectations from the facts of reality. But they can't keep it up forever. 

Read more

A Sideways Skyscraper Curse?

Booms and BustsTaxes and SpendingBusiness Cycles

Blog01/19/2018
Project Neon is the largest public works project in Nevada history.

Read more

What China Can Learn from America's Great Depression

Booms and BustsBusiness Cycles

Blog12/19/2017
The people of China now can learn of the dangers inherent from trusting the power of government to assure and maintain economic growth and stability.

Read more

In Europe, Exploited Regional Populations Are Growing Restless

Booms and BustsWorld History

Blog12/05/2017
Since 2008, we’ve been living in lean times, and the longer people go on without a true recovery, the more resentful they’re going to be.

Read more

Shield icon library