Arthur Laffer, the famed economist who developed the Laffer Curve and was the recent recipient of the Presidential Medal of Freedom, is targeting the Federal Reserve and echoing President Donald Trump’s remarks. Speaking with John Catsimatidis in an interview that aired Sunday on AM 970 New York (via MarketWatch), Laffer revealed that he does not […]
Austrian Economics
Week in Review: June 24 to June 30
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: 5 predictions for this week’s 2020 Democratic debates WRITE A CHECK: Billionaires demand ‘a moderate wealth tax’ on top 1% Gold tops six-year high as metal lodges 1.3% […]
ZOMBIE APOCALYPSE: How the global economy is turning into the undead
By: Andrew Moran When all other unconventional monetary tools fail to resuscitate the global economy, the dead shall walk the earth. Since the financial crisis ended a decade ago, many of the world’s largest economies have been on life support, relying on easing just to survive and offering the illusion of being alive. As reality sets […]
Week in Review: June 17 to June 24
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: WELL, DUH: Ex- Fed Vice Chair says Jerome Powell will be gone if Trump re-elected SAD: Donald Trump endorses Republican amendment that bans flag burning Bernie Sanders, AOC […]
Paging Friedrich Hayek – Socialist Bernie Sanders doesn’t understand basic economics
By: Andrew Moran Seminal economist Friedrich Hayek quipped that “if socialists understood economics, then they wouldn’t be socialists.” Like French Toast Crunch, overalls, and some obscure Coca-Cola beverage called Surge, socialism is making a comeback. Despite the misery it has imposed on tens of millions of victims all over the world in the last century, the numbers point to […]