Money and Banking

Presented at the Mises Circle in Manhattan, hosted by the Ludwig von Mises Institute and sponsored by the Story Garschina Charitable Fund, and Anon

Although largely forgotten today, repudiation of public debt is a solid part of the American tradition.

The euro has ended monetary nationalism and is acting, even if only timidly, as a "proxy" for the gold standard.

High public (external) debts and persisting import surpluses are signs of a weak currency.

It is an error in economics, as prevalent as it is patent, that all commodities, at a definite point of time and in a given market, 

In order to reduce a further weakening of the real wealth-generation processes, it is necessary to introduce tighter controls on banks.

As important as it is to dissolve the euro, there are significant exit problems.

The costs and risks of remaining within the European Monetary Union (EMU) are already immense and rising.

Recent discussions in the econ blog world on whether the Fed keeping interest rates too low for too long from 2003-2005 was a significant factor in