Monetary Theory
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New Lessons from the “Rescue” and the Failed Stimulus
The financial crisis was the consequence of monetary central planning writ large. To avoid future crises, shutter the Fed.
Can Quantitative Easing Lift Economic Growth?
The aggressive monetary pumping by the Fed runs the risk that real wealth, the key for economic growth, will become stagnant or start declining.
Mainstream Economists Prove Krugman Wrong About Hayek and Mises
Once credit over-expansion hits, rolling back credit won’t be able to put Humpty-Dumpty together again.
David Stockman on his Book and the Bailouts
The Fed decides, through a Politburo of planners sitting in Washington, how much liquidity is necessary and what the interest rate should be.
The Three Types of Austerity
Pro-austerity or anti-austerity? There is a third way, the Austrian way of less spending and lower taxes.
Bitcoin Boom?
Featured on RT, Mark Thornton talks about Bit-coin and the government regulation of virtual currencies.
Competing Currencies in Somalia
A real-life example of concurrent currencies circulating absent any legal restrictions would contain some heuristic value. The real-life example is Somalia.
