One can justify solar-hydrogen simply on grounds of economic resource viability without any green agenda.

Even the oil companies don't need an incentive of $4 billion to go out and explore. As my grandpop would say, 'They’re doing just fine, thank you'.

[B]ooms and busts is a natural feature of market economies. In the last 40 years China has really never had a bust. ...[B]ust cycles also oust less productive firms and provides exit mechanisms, and that creative destruction... is one of the bright spots... of the situation.

The first and probably the most important thing for the investor to recognize about inflation is this: As long as the overwhelming majority of Americans maintain firmly held existing opinions concerning the duties and obligations of their government, more and more inflation is inevitable. ...
Why is more inflation so sure to come? Because under the economic system we have established the seeds of inflation sprout not in times of prosperity but in times of depression About eighty per cent of our federal revenue is derived from corporate and individual income taxes. The base source of federal funds is notoriously sensitive to the level of general business. It shrinks sharply on even moderate downturns in the general economy.
However, this is not all that happens when general business gets bad. We have enacted laws, including unemployment insurance and farm relief, which make make mandatory a sharp increase of government payments in just these same periods of bad business when federal income is lowest. Furthermore, these laws already on the statute books are almost certainly but the smallest part of the special outpouring of government money that would occur when a truly severe depression might develop.

Certainly, there is no general principle that prevents the creation of an economic theory based on other hypotheses than that of rationality.

There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.

Without the expansion of a Mutual Enterprise economy responsible to communities and nature, this present boom will bust, creating a Greater Depression than that of the 1930's.

What I have learned and what I fervently believe is that neither high and stable levels of employment nor prosperity nor anything that a nation can desire is to be obtained by debauching its currency; that the mere manufacture of additional money, the mere process of inflation, though it may create temporary euphoria, is no basis upon which, for any class in the community, security or prosperity can be built. It is in that belief and in the belief that it is demonstrated by history that I speak as I do.

Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump.

There ain't no recession.

I have always believed that the only way to cope with a cash crisis is not to contract but to try to expand out of it.

We have the capacity, we don’t lack anything, the economy is growing so we shall be able to sustain ourselves.

In economics, unlike fiction and the theater, there is no harm in a premature disclosure of the plot: it is to see the changes just mentioned and others as an interlocked whole.

Accounting for the artificial boom and the consequent bust is not part of Keynesian income-expenditure analysis, nor is it an integral part of monetarist analysis. The absence of any significant relationship between boom and bust is an inevitable result of dealing with the investment sector in aggregate terms. The analytical oversight derives from theoretical formulation in Keynesian analysis and from empirical observation in monetarist analysis. But from an Austrian perspective, the differences in method and substance are outweighed by the common implication of Keynesianism and monetarism, namely, that there is no boom-bust cycle of any macroeconomic significance.