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Tag Archives: malinvestment
Malinvestment versus Overinvestment
Critics are again confusing the differences between malinvestment and overinvestment. The problem comes down to a misunderstanding. Continue reading
Empirical Evidence for Austrian Theory
Graph showing greater drop in producer goods industry, rather than consumer goods. Continue reading
Posted in History
Tagged Austrian, boom, Credit, Depression, eichengreen, Great, malinvestment, Theory
20 Comments
Roosevelt’s Recession of 1937
Roosevelt’s Recession of 1937, which saw the unraveling of supposed economic growth in the prior years, is oftentimes used as an historical example of what occurs when government decreases spending levels or the central bank fails to continue credit expansion. The use of this event to exemplify these things is disingenuous. More accurate lessons can be drawn, which show that only the market can fix itself. Continue reading
Healthy Recovery
Important economists are misinterpreting several statistics and falsely pointing towards impending recoveries. The truth is actually quite different. There is higher probability a future double-dip, or a secondary economic collapse. Continue reading
Posted in Current Events, Politics, Theory
Tagged Bernanke, Capital, collapse, commidities, Federal, financial, Government, inflation, malinvestment, markets, money, Reserve, stocks, supply
2 Comments