Category Archives: Economics

by Morgan Reynolds After the Soviet Union collapsed in December 1991 it was widely and plausibly proclaimed that full-blown socialism was dead and buried.  Capitalism had triumphed.  No more aggressive, big and popular socialist experiments.  Ha!  Wrong.  Even in the … Continue reading →

by Morgan Reynolds So is everything alright with the economy?  The Fed’s in control, right?  Ok, then Trump is?  Hardy, har, har.  We’re experiencing a Warren Buffet moment: “Only when the tide goes out do you discover who’s been swimming … Continue reading →

January 23, 2020 by Morgan Reynolds, Ph.D. Economics Professor Emeritus While I have been around public policy debates for decades, only recently did I become involved in a full-blown political campaign here in Arkansas.  I did some research on tax … Continue reading →

by Morgan Reynolds On January 7, 2019 I gave a talk to the Hot Springs Village Civil War Roundtable.  Here are my notes: Economics is not everything in understanding warfare but it is important most observers likely will grant yet … Continue reading →

by Morgan O. Reynolds I was asked by the Hot Springs Village Skeptics to give a seminar talk on the economics of war on November 8, 2018.  Here are my notes for that presentation. A more accurate title?  Political Economy … Continue reading →

by Morgan Reynolds By invitation I gave a talk before the ‘Free Thinkers’ of Hot Springs last April on the assigned topic, ‘The Economy and Inequality,’ rather a large undertaking to do right and admittedly I never got very far … Continue reading →

Originally published as The Federal Fiscal Condition: Kick the Can ’til You No Longer Can at https://www.lewrockwell.com on April 26, 2017 By Morgan Reynolds April 30, 2017 Donald Trump wants to cut the tax/confiscation rate.  Ok, but maybe it would be a … Continue reading →

by Morgan Reynolds Published on LewRockwell.com September 3, 2012 A few weeks ago I was charging along on U.S. 50 in West Virginia, enjoying the state’s great August weather during a brisk, twisty ride up a mountain on my motorcycle. … Continue reading →

“Fear the Boom and Bust” a Hayek vs. Keynes Rap Anthem Morgan Reynolds — Mar 31, 2010 Want to know more about the boom-bust business cycle and our current plight? Watch “Fear the Boom and Bust” a Hayek vs. Keynes … Continue reading →

The Poverty of Modern Macroeconomic Theory And Power of Austrian Business Cycle Theory (Adobe Reader Required)

A History of Labor Unions From Colonial Times to 2009 Morgan Reynolds – July 6, 2009 Printer friendly copy of this article available here. “Those who tell you of trade-unions bent on raising wages by moral suasion alone are like … Continue reading →

Countercyclical Quackery Morgan Reynolds – February 24th, 2009 “In medical science, practices that have no chance to cure but are likely to kill a patient would be declared quackery,” declares author Michael Lundeen, “but in ‘political science,’ quacks like Greenspan … Continue reading →

Timothy Geithner and the Ruling Class Morgan Reynolds – February 12, 2009 A new, fact-rich book by investigative journalist Russ Baker, Family of Secrets: The Bush Dynasty, The Powerful Forces That Put It In The White House, And What Their … Continue reading →

Zombies R U.S. Morgan Reynolds* — December 5, 2008 You think it’s bad now? It’s going to get much worse. This is the big one, call it Great Depression II. Why am I so sure? Because the depth and duration … Continue reading →

Sin of Omission Empowers Banksters’ Weapons of Mass Destruction Morgan Reynolds – October 30, 2008 Mainstream thinking blames the financial meltdown and recession on capitalism, greed run amuck and deregulation. Laissez faire policies, naturally, get the blame. The solution? Why, … Continue reading →

Power and Privilege (full book) (Adobe Reader Required)

The Economic Crisis Explained by Jesus Huerta De Soto Morgan Reynolds – October 6, 2008 What has caused the financial meltdown and economic crisis? What will happen next? The answers are surprisingly easy once you know some Austrian economics. An … Continue reading →

Stay Angry, Make ’em Walk the Plank Morgan Reynolds – September 29, 2008 Printer friendly copy of this article available here. Disastrous as the Wall Street bailout is, there are two good things about it: • The American people “get … Continue reading →

WE FOUGHT THE MARKET The Barack Obama Four (Barack, Bair, Bennie and Timmy G.) (A’) Breakin’ bucks in the … hot sun We Fought the Market and … it won We Fought the Market and … it won We printed … Continue reading →