In this week’s Friday Philosophy, Dr. David Gordon reviews Joseph Salerno’s Money, Sound and Unsound, and still finds it ...

Generations of scholars come and go; a few, including Roger Garrison, make their mark on the field and inspire future ...

Greg “PrestoPundit” Ransom e-mails, with regard to my parsing of the views on recessions of Paul Krugman and Tyler Cowen, which contained a very brief discussion of Austrian business cycle theory: All ...

The article suggests that a recession is likely to start within the next year, based on economic theory and history. I discuss the Austrian Business Cycle Theory, which states that monetary expansion ...