Monetary Theory

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Frank Hollenbeck

The European Central Bank is deeply concerned about deflation. And deflation paranoia is a convenient way to justify propping up southern Europe.

Hunter Lewis Peter G. Klein

Thomas Piketty has written a popular economics book and serves up the same short-sighted, destructive policies.

Brendan Brown

Interest rates are low, and staying low, because they are constantly manipulated by the Fed and other central banks.
 

Frank Hollenbeck

Keynesians use a very narrow definition of inflation, but if we have a better and broader understanding of prices and money, we can see that asset-price inflation is all around us. The Fed is doing nothing to help the situation, and is only helping perpetuate a bubble.
 

William L. Anderson

It isn't in the nature of government to cut back on any of its programs, projects, legislation, taxes, you fill in the blank.