economics

The latest Keynesian spending and money-printing initiatives are exploding. It's time to listen to what Austria has to say.

The dollar's depreciation will not avert future recessions.

The Federal Reserve has declared that it will begin reducing its balance sheet and boosting interest rates. However, the Fed's actions announced on Wednesday are extremely cautious. The Federal Reserve is significantly behind the curve.

By highlighting erroneous inflation figures, central banks will not be able to determine the best policies.

Marx and Engels are not only anti-capitalist. They observe that by limiting everything to monetary exchange, the reality of exploitation became more visible.

Not data sets that are prone to change, but logical deductions based on what we know about human behaviour are the starting point for Austrian economics.

Following a year of soaring inflation, Russia's war in Ukraine is forcing policymakers and commentators to take stock. The days of thoughtless demand stimulus, guaranteed bailouts, and active climate measures must now be put behind us, according to new macroeconomic realities.

Theoretically, the US might avoid inflation and avoid a recession by achieving massive productivity improvements. However, do not count on it.

Why do the vast majority of economists believe the Fed should control the money supply from a central location?

Monetary policy cannot undo the damage caused by negative supply shocks such as war or government shutdowns caused by a pandemic.