Four Reasons Central Banks are Wrong to Fight Deflation
The harmful character of deflation is a sacred dogma of monetary policy. However, evidence substantiating these claims is either weak or nonexistent.
Monetary Theory
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Peter Klein on How Not to Reform the Fed
Peter Klein and Jeff Deist discuss the effectiveness of constraints on the Fed.
The Fed’s Dangerous View of History
Economics has shown the alleged blessings of an abundance of money are the outcome of crass errors in reasoning.
Gold vs. Fluctuating Fiat Exchange Rates
Without gold, without an international money, the world is destined to stumble into one accelerated monetary crisis after another.
How Economists Destroyed Pre-World War II Germany
Monetary history proves that no nation can afford to treat economic theory with contempt.
Bob Murphy: Where Monetarism Goes Wrong
Jeff Deist and Bob Murphy discuss monetarism, and the differences between the Austrian and Chicago schools.
An Interview with James Buchanan
An interview with James Buchanan, founder of the public choice school and 1987 Nobel Prize recipient in economic science.
The “New Normal” of Ultra-Low Interest Rates
After nine years of unwarranted and irrational monetary policy, some people are taking the current monetary regime as normal and natural.
How Trump Could Win the Currency War
If Trump wants to end the foreign currency manipulation he condemns, he can begin by ending the use of "non-standard" monetary tools in the US.
Should Cash be Abolished?
The usefulness of money depends on it having some connection to physical money. Reducing money to a digitized abstraction would be a disaster.
