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- Search found 4 items for:
- Booms and Busts
- U.S. History
- 2007
Media Asset
Author:
Thomas E. Woods, Jr.
Online Publish Date:
Boom-busts were a feature of markets. Under consumption caused the depression. WWII ended the Great Depression. All three Keynesian beliefs were inaccurate. Only the Austrian Business Cycle Theory got it right. Artificially lowered interest rates mislead investors. The Federal Reserve’s policy of cheap money creates mal-investments. The cause of
Mises Wire
Author:
Stephan Kinsella
Online Publish Date:
A few comments on Jeff Hummel’s lengthy JLS review of Tom Woods’s The Politically Incorrect Guide to American History (Hummel’s review essay is also reprinted here ). First, Hummel opens by noting that P.I.G. “raised an amazing amount of furor,” both among leftists and also some conservatives and libertarians. Woods’s critics have engaged in “ad
Mises Wire
Author:
Jeffrey A. Tucker
Online Publish Date:
It’s been a kick digging up all these lost books by Garet Garrett. What amazing insight he had in economics and politics! It turns out that he wrote a book in 1932 called The Bubble that Broke the World , now online . It is as the title suggests: a full scale analysis of the stock market crash, which he blames not on capitalism and market-driven