The 'creative destruction' theory of boom and bust is no guide to today's economic turbulence. Testifying recently before a United States congressional committee, former Federal Reserve chairman Alan ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. When times are tough, we start to question ourselves: why? Why do we deserve it? How long will it last? Will this ...
Austrian Business Cycle Theory (ABCT) provides a framework for understanding economic fluctuations, particularly how monetary policy and interest rates influence investment and capital valuation. This ...