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The Era of Boom and Bust Isn’t Over

January 31, 2020

The Era of Boom and Bust Isn’t Over At the 2020 World Economic Forum in Davos, Bob Prince, co-chief investment officer at Bridgewater Associates, attracted attention when he suggested in a news interview that the boom and bust cycle as we have come to know it in the last decades may have ended. This viewpoint […]

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BOOM! Fossil Fuel Combustion and the Mother of All Economic Busts

July 30, 2019

BOOM! Fossil Fuel Combustion and the Mother of All Economic Busts Photograph Source: Eric Kounce TexasRaiser – Public Domain William Catton focussed on what follows a boom in the human population. He spelled out the scenario in his 1980 book, Overshoot: The Ecological Basis of Revolutionary Change. As one reviewer put it, “Catton believed that industrial civilization had […]

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How the Fed Wrecks the Economy Over and Over Again

July 3, 2019

How the Fed Wrecks the Economy Over and Over Again When people talk about the economy, they generally focus on government policies such as taxation and regulation. For instance, Republicans credit President Trump’s tax cuts for the seemingly booming economy and surging stock markets. Meanwhile, Democrats blame “deregulation” for the 2008 financial crisis. While government […]

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Give Us Another Oil Boom

April 10, 2017

GIVE US ANOTHER OIL BOOM  Dear Lord, Y’all give us another oil boom… If there is one sector of the US economy where an Austrian-style Boom-and-Bust bust has taken place, it is the onshore oil industry – though, by extension, other primary resource industries, such as metals and mining and farming have also suffered in […]

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Donald Trump Is Right – Here Are 100 Reasons Why We Need To Audit The Federal Reserve

February 24, 2016

Donald Trump Is Right – Here Are 100 Reasons Why We Need To Audit The Federal Reserve When one of our major politicians gets something exactly right, we should applaud them for it.  In this case, Donald Trump’s call to audit the Federal Reserve is dead on correct.  Most Americans don’t realize this, but the […]

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Olduvai IV: Courage
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