Capital and Interest Theory

Displaying 21 - 30 of 602

How profitable is big oil?

Capital and Interest TheoryValue and Exchange

Blog05/06/2008

In the context of the recent spike in oil prices, this clip from Glenn Beck show might be of interest to some. Particularly noteworthy is the fact that the oil industry has been facing a thirty years [sic] moratorium on exploring new fields within the United States. According to the president of...

Read more

Wesbury and the Austrians

The FedCapital and Interest TheoryInterventionism

Blog04/30/2008

Brian Wesbury, chief economist at First Trust Advisors, offers in the WSJ an Austrian-sounding explanation of why (though I'm not sure of this "natural-rate = nominal GDP growth" stuff):...

Read more

Never Enough Inflation, says McCain

Capital and Interest TheoryInterventionism

Blog02/18/2008

McCain says that Bernanke hasn't lower rates fast enough, as quoted by Bloomberg. The story adds that McCain "supports mandatory limits on greenhouse gas emissions through a cap-and-trade...

Read more

Deflation and Rumination

Money and BanksCapital and Interest TheoryMoney and Banking

Blog12/25/2007

Please alert your loved ones about the coming price deflation. Assuming that mainstream economists are correct, tomorrow's sales signal the beginning of the end...

Read more

The slow, systematic destruction of the dollar's purchasing power

Money and BanksCapital and Interest Theory

Blog12/16/2007

It's interesting to look the producer price index and consider how extreme and relentless are price increases over time, and it strikes me that the lack of public outcry about this must represent some sort of price-trend acculturation that has taken place. We have come to expect it, the way...

Read more

Another Reason to Reform Patent Law: Touch Off A Recession!

Booms and BustsCapital and Interest TheoryPhilosophy and Methodology

Blog12/14/2007

And here I thought recessions and the business cycle had something to do with state manipulation of the money supply. Now we have a new culprit: Patent Reform. So here's the deal. There's increasingly hyperbolic...

Read more

Capital: It's so easy to infuse it!

Capital and Interest TheoryInterventionism

Blog12/13/2007

NYT:

A day after the Federal Reserve disappointed investors with a modest cut in interest rates, central banks in North America and Europe on Wednesday announced the...

Read more

The Mirage of the Mortgage Fix

Capital and Interest TheoryInterventionismPrivate Property

Blog12/11/2007

The sea of inflationary credit is the core problem behind the falling dollar, the subprime crisis, the housing meltdown, not to mention the rise in the national debt and a thousand other problems. No one in Washington seems to understand the reason for the crisis, much less how to fix it. A good...

Read more

Shield icon library