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David Howden

Tags Business CyclesInterventionismMonetary TheoryMoney and Banking

Works Published inQuarterly Journal of Austrian Economics

AwardsDouglas E. French Prize at Mises University

Contact David Howden

David Howden is Chair of the Department of Business and Economics and professor of economics at St. Louis University's Madrid Campus, Academic Vice President of the Ludwig von Mises Institute of Canada.

The Birth of a Monster

Mises DailyDecember 1, 2014
As flaws in the system of fractional-reserve free banking began to appear, private central bank-like institutions known as clearinghouses sprang up, and they helped pave the way for the Fed.

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The World’s Largest Subprime Debtor: The US Government

Mises DailySeptember 24, 2014
After the 2008 financial crisis, banks were excoriated for lending sub-prime borrowers money. Now, in many ways, the US government is a huge sub-prime borrower itself, but when the day of reckoning comes, will anyone criticize the Federal Reserve for making the unsustainable debt-fueled spending...

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What Is the Rate of Return on the Louisiana Purchase?

Mises DailyJuly 7, 2014
The true benefits of the Louisiana and Alaska Purchases are less clear than their value to pro-government propaganda.

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The Federal Reserve and the Financial Crisis, by Ben S. Bernanke

JournalsAugust 21, 2014
There is trouble lurking in each of the book’s four chapters. The text gets off on a wrong foot as Bernanke overviews the origins and purposes of the Fed...

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Review of Finance and the Good Society, by Robert J. Shiller

What defines a "good society" and how can we use finance to achieve it? Robert Shiller takes the former question as settled, and dedicates his new book Finance and the Good Society...

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