In yet another attempt at jump starting the economy, the Federal Reserve’s latest major stimulus action, known as QE3, is likely to have less effect on the housing market than Fed Chairman Ben Bernake would hope.
QE3, shorthand for the third “quantitative… Continue reading
Another entry into the growing and quite impressive field of amateur documentaries looks to be quite good (although he may need some professional help to finish). This one is called Default America and it features a bunch of economists… Continue reading
Back in college I wrote a thesis-lite (a research paper to complete my history minor that I could have expanded into a thesis) comparing the hyperinflation in Germany after World War I and the hyperinflation in Hungary after World War… Continue reading
Most people agree that in order to be a great nation, you must make stuff and export it around the world. It is hard to imagine that an over-leveraged service economy spells prosperity for the future. While US manufacturing is… Continue reading
Ron Paul is the most consistent, principled, authentic, and ethical politician of our lifetime. No matter the decade his message has never changed. The Constitution and liberty are his guide. He truly represents the people. He predicted this economic mess… Continue reading
The Occupy Wall Street (OWS) movement has captured the nation’s attention. Liberals are generally accepting it as a totally organic, grassroots effort that is completely justified. After all, rich financiers on Wall Street are entirely to blame — cough, cough… Continue reading
If you missed Peter Schiff’s testimony before the Congressional Jobs Committee last week, it is a must see. For fans of Schiff, you’ve heard much of this before but it is fascinating to watch the committee and the panel react… Continue reading
The following is a comment posted by Greg Ransom, the purveyor of the F.A. Hayek Twitter handle @FriedrichHayek and Editor-in-Chief of HayekCenter.org. The post highlights the key to countering Keynes from a Hayekian perspective. The chief criticism of Keynes… Continue reading
Every time a Swift Economics article is published, an angel gets its wings. Well, actually the interim step is that the article link gets tweeted out on our Twitter handle and our status is updated on the SE Facebook page… Continue reading
The Keynesian model and the Austrian economic philosophy continue to lock horns. Similar ideas have gone toe to toe for three centuries now trying to explain the business cycle. Thomas Malthus and Jean-Baptiste Say made their case in the 19th century,… Continue reading
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