Is the US Economy Headed for a Bust?

Is the US Economy Headed for a Bust?

This article was originally published by Frank Shostak at The Mises Institute.  There is a high likelihood that, due to the past large decline in the yearly growth rate of the money supply, the US economy is heading towards an economic bust. Note that the yearly...
Theory Explains Data, Not the Other Way Around

Theory Explains Data, Not the Other Way Around

This article was originally published by Frank Shostak at The Mises Institute.  For most analysts, if the gross domestic product (GDP) data shows an increase, then this is perceived as good economic news. Conversely, if the GDP data shows weakness, then this is...