Business-Cycle Conditions

Thursday, November 1st, 2012

Business-Cycle Conditions

Nov. 2012
As the holiday season draws near, confidence rises because of falling unemployment, an improving housing market, lower debt, and buoyant stock prices.

Wednesday, October 24th, 2012

A new gold standard is crucial. The disasters that the Federal Reserve and other central banks are inflicting on us with their funny-money policies are enormous and underappreciated.

Friday, October 19th, 2012

The next phase in my (now our, as I’ve taken on a colleague) project of thinking through Dan Klein’s Knowledge and Coordination is to see how his ideas might be used to help describe business cycle theories and demonstrate commonalities they share.

Tuesday, October 9th, 2012

Understanding the euro's failure and Triffin's Paradox helps us understand why the dollar will rise significantly in the years ahead.

Friday, October 5th, 2012

Business-Cycle Conditions

October 2012
Consumers see a brightening economic picture, but business decision makers remain cautious.
by Steven R. Cunningham, PhD, Director of Research and Education

Thursday, September 20th, 2012

Working with a team of economists, Paul and Lehrman produced a work that is as sound and prescient today as when first published.

Monday, September 3rd, 2012

Business-Cycle Conditions

September 2012
Stimulus programs can’t go on forever. Eventually, something has to give.
by Steven R. Cunningham, PhD, Director of Research and Education

Thursday, August 30th, 2012
Does Klein really believe that the Fed currently adjusts the value of the dollar according to “the needs of our economy?”
Wednesday, August 22nd, 2012

Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump. Nonsense. Hungary’s recession results from its slumping money supply.

Monday, August 6th, 2012

Business Cycle Conditions

August, 2012

Despite persistently high unemployment, income growth and consumer spending keep pushing a slow, but steady, recovery. 

by Steven R. Cunningham, PhD, Director of Research and Education

Friday, August 3rd, 2012

Where is the gold price today? If you’re like many Americans, you have no idea whether it went up, down, or sideways.

Monday, July 30th, 2012

 Works so nice, apparently we should try it twice. Then thrice...

Thursday, July 12th, 2012

Fractional-reserve banking has historically been viewed by some economists and most monetary cranks as a panacea for the economy

Monday, July 2nd, 2012

Business Cycle Conditions

July, 2012

Crisis in Europe and fiscal uncertainty at home contribute to a slowdown in spending. But the recovery is likely to continue.

Wednesday, June 13th, 2012
Wondering why inflation figures are so tame when real estate prices are soaring? There is a simple explanation: the Consumer Price Index factors in rising rents, not rising home prices.
Monday, June 4th, 2012

Business-Cycle Conditions

June, 2012

The expansion may seem tepid. But against a backdrop of unprecedented debt reduction, the economy doesn’t look all that bad.

by Polina Vlasenko, PhD, Research Fellow