Milton Friedman’s Guitar String Boom-Bust Cycle Theory
In an attempt to explain business cycles, Milton Friedman came up with a plucked-string analogy. Like all Monetarist theories, however, this also
In an attempt to explain business cycles, Milton Friedman came up with a plucked-string analogy. Like all Monetarist theories, however, this also
In an attempt to explain business cycles, Milton Friedman came up with a plucked-string analogy. Like all Monetarist theories, however, this also
Peter Klein joins to discuss the Mises Institute's new book, Hayek for the 21st Century—exploring knowledge, competition, money, and why freedom beats
The restoration of the Reconciliation Monument at Arlington Cemetery is welcome news for those that realize the historical significance of this monument.
Landlords have been using AI tools to get a better idea of market conditions and changes in the rental market. Naturally, the
Hoppe is an exacting analyst of what works, not an architect of upheaval.
Hoppe is an exacting analyst of what works, not an architect of upheaval.
While monetary inflation has various economic effects—predictable and surprising, direct and indirect—this article seeks to explore the effects of monetary inflation on
In 1806 Napoleon issued the Berlin Decree, laying out his Continental System he hoped would starve Great Britain into submission through blockades