The Fed: Reality Trumps Rhetoric
The Fed would have us believe that it has am impressive record of success in preventing recessions and improving the economy. The actual historical record suggests otherwise.
Monetary Theory
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A Rothbardian Take on Negative Interest Rates
Joe Weisenthal is questioning whether people should be able to deposit their money in a checking account and be paid interest on it — Rothbardians have been saying that for decades.
Nicholas Oresme and the First Monetary Treatise
Austrian monetary thought can be traced back right to the very founding father of monetary economics, the great Nicholas Oresme, the 14th century Bishop of Lisieux.
Bob Explains the Highlights of His New QJAE Article on Fractional Reserve Banking
Bob shows why Ludwig von Mises thought any issuance of fiduciary media caused the boom-bust cycle.
The Econ Establishment Teams Up To Denounce Judy Shelton
Shelton has been condemned by "experts" from both sides, but anybody who would liken the Fed to the Soviet central planners is an independent thinker worth considering.
