There is a considerable Austrian literature on the unsustainable boom driven by credit expansion. When the boom ends, a depression begins. The…

In Europe, there is no competitive market for electrical power. And since power is an important factor of production, it also means…

My town, Tallassee, Alabama, is an old mill town. It straddles the Tallapoosa River, which is dammed at that point by the…

I’ve always found movies with an economic or financial base fascinating to watch. Not because I study the field as an undergrad…

Cuba is a dictatorship that uses terror and propaganda to repress its people. It locks citizens up, strips them of the most basic…

As government seek ever larger amounts of debt to finance more spending, they’re embracing huge debt levels in the way a broke…