The large decline in output, following three years of decelerating growth, has put the U.S. economy in a depression.

There's a great opportunity for creative entrepreneurs to invent and offer insurance so that business will not have to shut down because of a recession

The Federal Trade Commission has tried to block a merger between Whole Foods and Wild Oats, claiming it would give Whole Foods too much market power.

A song about the impending mortgage crisis

Politicians only address symptoms when it's the system we need to fix

The late deflation of 2008 will turn into the great inflation of 2009

Free banking provides a stable and flexible supply of money, and allows the natural rate of interest to do its job of keeping out economy stable

Government policy can be either market enhancing, such as by penalizing theft, or market hampering, such as by taxing human action.

As long as we punish labor with taxes and restrictions, and reward land speculators with subsidies, we will always have periodic economic booms and crashes

Any plan that bails out banks and mortgages is going to leave out those who have been dutifully paying their mortgage payments, or fully own their homes

We’ve “been there and done that” so many times before. Yet, the endogenous cycle keeps returning, as soon as we find peace, and economic life returns to its even tenors.

Restrictions and taxes prevent workers from being employed, and the remedy is to remove them.

How long can military spending and stocking inventory keep us afloat?

Do lenders need more cops or less temptation?

US economic growth slowed almost to zero in the last quarter of 2007, consistent with a coming recession.

The 18-year real estate cycle continues to march on right on schedule.

In the fall of 2007, Freddie Mac, the second largest housing finance company, was hit by a $2 billion quarterly loss

There is a way to stop the business-cycle boom bubble, but it requires radical changes in economic policy that no one seems willing to confront.

The fundamental causes of the Panic of 1907 were the flawed monetary and fiscal systems of the United States

The bear will devour us with falling stock markets, folks losing their homes, loans in default, business shut downs, and job losses