Dr. Mark Thornton joins Mises Weekends to explain the “business cycle” for what it really is: a series of booms (credit expansion) and busts (debt de-leveraging) engineered by central banks.
Tag Archives | boom
Harry Browne on economic cause and effect.
Mark Thornton on the possibility of the skyscraper curse wrecking havoc in the economy.
The Federal Reserve has subjected us to a constant economic roller-coaster ride. By artificially suppressing interest rates, they create illusory economic booms. Those illusions must always be shattered by an accompanying crisis and bust. Lives are destroyed, families are ruined, and the economy lies in shambles. The widespread suffering is totally unnecessary. Marshall oil spill
Mises Institute Senior Fellow Dr. Mark Thornton joins the Liberty Report to discuss the real US economy beyond phony government statistics. Are things even worse than they are telling us?
Falling stock prices are in the news lately, so Mark and Jeff talk about how and why central bankers don’t understand deflation, whether they are really Keynesians or some variant thereof, what a “crack-up boom” might look like, and what the Skyscraper Index and other symptoms of irrational spending might tell us about the future […]
Dr. Mark Thornton is interviewed on the RT program, “Boom Bust“. He discusses malinvestments stimulated by artificially lowered interest rates.
While government economic stats keep telling a rosy tale of recovery, many are skeptical of Washington’s “good news” stories. What are some of the big players doing to prepare for a possible economic collapse? Overstock.com CEO Patrick Byrne joins the Liberty Report to discuss.
by Murray Rothbard This excerpt from the first chapters of Murray Rothbard’s America’s Great Depression (1963)]Reprinted from Mises.org Study of business cycles must be based upon a satisfactory cycle theory. Gazing at sheaves of statistics without “pre-judgment” is futile. A cycle takes place in the economic world, and therefore a usable cycle theory must be […]