More Evidence of Current Regime Uncertainty?
In a November 3 article, the Wall Street Journal reports that corporate cash holdings have reached extraordinary levels: Stung by the financial crisis, companies are holding more cash—and a greater...
View Article“Fear the Boom and Bust”: Hayek vs. Keynes Rap Video
Here is a splendid and insightful, new rap video pitting the ideas of Nobel Laureate, Austrian School economist Friedrich A. Hayek against those of Lord John Maynard Keynes. As Hayek has shown,...
View ArticleThe Health-Care Reform Act: Que Paso?
What has this gargantuan statute wrought? To this question, there can be only one answer: Nobody knows. I am being quite serious: no single human being knows ― no one can know ― what provisions the...
View ArticleRobert Higgs on the Consequences of Leviathan-sized Government
Senior Fellow Robert Higgs is interviewed here by Scott Horton on Antiwar.com Radio, warning those who long for total governmental and economic collapse to be careful what they wish for. Higgs also...
View ArticleClik here to view.
Regime Uncertainty: Are Interest-Rate Movements Consistent with the Hypothesis?
Regime uncertainty has gained increasing recognition as the current economic troubles have persisted with little or no improvement since the economy reached a cyclical trough early in 2009. As...
View ArticleHayek vs. Keynes Rap Video II
First performed publicly last week in New York at The Economist‘s conference, The Buttonwood Gathering, here is the sequel to the sensational rap video pitting the economic ideas of Austrian School...
View ArticleClik here to view.
Robert Higgs on Why Government Is Prolonging the Economic Crisis
In a new article for the Gannett newspapers, “Is this any way to run a government?”, Chuck Raasch interviews Robert Higgs, Senior Fellow at the Independent Institute and author of the book, Depression,...
View ArticleClik here to view.
New York Times Columnist Nicholas Kristof: The Military as Socialist Model...
In his latest column for the New York Times, “Our Lefty Military,” the iconic “liberal” commentator Nicholas D. Kristof has now come clean on the reality of his own collectivist views that military...
View ArticleFDA Moves Closer to Approving Ecstasy
Last August, the U.S. Food and Drug Administration began testing MDMA (ecstasy) for treating post-traumatic stress disorder. The FDA also granted MDMA breakthrough therapy status to expedite the...
View ArticleClik here to view.
The U.S. Economy’s Hidden Resilience
One of today’s pivotal questions is the ability of the economy to cope and adapt in the face of mandatory and voluntary social distancing. Real GDP in the second quarter of 2020 fell at an annualized...
View Article