Based on virtually every popular valuation measure currently in use, stocks today are expensive relative to the past. A lot of people have used this
Continue reading
Tag: Bubble
A Primer on Austrian Business Cycle Theory
One of the most important contributions of “Austrian Economics” to the field of finance has been their formulation of the Austrian Business Cycle
Continue reading
Why You Can’t Afford a House in Vancouver
There has been no shortage of analysis and commentary concerning the stratospheric rise of Vancouver’s real estate market and the near-ruinous consequences that
Continue reading
A History of Financial Crisis
We live in a world which is today dominated by the unending and increasingly violent cycles of economic booms followed by their subsequent
Continue reading
Forecasting the Boom-Bust Cycle
The Theory At the very core of Austrian Business Cycle Theory (ABCT) lies the central tenant that the artificial manipulation of the interest
Continue reading