Booms and BustsBusiness Cycles
What are the limits to Austrian Business Cycle Theory? Does it need help to explain business cycles?
The FedMoney and BanksMoney and Banking
Whether it be the owner, the general manager, or the head coach, whomever has the final say on draft day is making a judgment in the face of uncertainty that they hope will benefit their organization.
The Danish government wants to tax red meat. The next step? Tax all food.
Money and BanksMoney and Banking
In determining the value of a currency, we must look to relative growth in the money supply, and relative purchasing power.
We wouldn't expect much market reaction to today's announcement, as it was already expected and should have been priced in.