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  • Thorsten Polleit

Thorsten Polleit

Tags Financial MarketsMoney and Banking

Works Published inSpeeches and PresentationsMises Daily ArticleQuarterly Journal of Austrian EconomicsThe Free Market

AwardsO.P. Alford III Prize in Political Economy

Dr. Thorsten Polleit, Chief Economist of Degussa and macro-economic advisor to the P&R REAL VALUE fund. He is Honorary Professor at the University of Bayreuth.

All Works

The Fed Is Flying Blind

Money and BanksMoney and Banking

Blog09/27/2018

In its blind search for the "correct" interest-rate policy, the Fed can't succeed in extending the boom indefinitely.

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Central Banks Enrich a Select Few at the Expense of Many

Money and BanksMoney and Banking

Blog08/30/2018

Under an inflationary monetary scheme, big financial-sector players who get the new money first benefit the most. Ordinary households down the line then bear the brunt of price inflation.

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All Is Not Well In Financial Markets

Booms and BustsMoney and Banking

Blog07/24/2018

As investments — previously thought to be profitable — turn out to be flops, firms will start liquidating unfinished projects and layoffs will begin.

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Economists Won't Predict the Next Crash — Because They Can't

Money and BanksBusiness CyclesMoney and Banking

Blog07/05/2018

Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so. 

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The Trade Deficit: An Austrian Perspective

06/26/2018Mises Daily Articles
The trade deficit is often viewed with alarm, but it reflects an investment surplus. And that's not a bad thing.
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