Money and Banking

Judy Shelton may be a tolerable—at least to Republicans—candidate for Federal Reserve Board of Governors.

Assessing cryptocurrencies through a framework of "saleableness" may help us understand why some cryptocurrencies are chosen for speculation above others.

Central banks contend they can avoid booms and busts by increasing the money supply the "correct" amount. They are bound to fail.

The consequences of counterfeiting are the same regardless of who does it. The counterfeiters are exchanging nothing for something — thus stealing from those who create real value.