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Booms and BustsMoney and BanksMoney and Banking
Selgin thinks fractional reserve banking critics are akin to "flat-earthers", but he gets some important points wrong.
Booms and BustsThe Entrepreneur
The economy is not an engine, or a tool, and does not perform any “work.” The economy is you and me.
Booms and BustsBusiness Cycles
With this book, I am hopeful fewer Americans will be duped the next time there is a crash, and the mainstream experts assure us that more government intervention will solve the problem.
Booms and BustsFinancial Markets
From the yield curve to money supply growth, there are good reasons to believe we are in the autumn of the current expansion.
"Higher order" industries like manufacturing and mining are particularly sensitive to changes in interest rates. And it doesn't look like anything's different this time around.
Booms and Busts
The Jeddah Tower in Saudi Arabia remains listed for “completion” in 2020. Will its completion trigger a new Skyscraper Curse?
Booms and BustsMoney and Banking
As investments — previously thought to be profitable — turn out to be flops, firms will start liquidating unfinished projects and layoffs will begin.
Booms and BustsTaxes and Spending
The Social Security and Medicare trust funds will both soon be bankrupt, putting additional strains on the federal budget and American taxpayers.
Booms and BustsLabor and WagesBusiness Cycles
Here are the fateful words that set the stage for years of high unemployment: “We believe in the principle of high wages.”
Booms and BustsThe FedFinancial Markets
The Fed is already living dangerously with its recent hike, and further rises will all but guarantee a credit crisis.