On September 19, the United States Securities and Exchange Commission (SEC) abruptly banned short sales of financial stocks to protect companies that had come under siege in the stock market. There have been concerns that short sales are behind the big price slides in the market. Many felt that short sellers had contributed to the [...]

At a most appropriate time, Sukrit asks:

What is the difference between the Austrian business cycle theory and monetarism, and which one do you think is a more accurate description of how the economy works?

The first part is fairly easily explained, since much material is written on both. The second part is much more difficult [...]