Free Banking and the Free Bankers
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History of Political Economy, vol. 36, no. 2 (summer) 2004
Greenspan speaks of a condundrum whereby long-term yields on government bonds are surprisingly low. Why anyone would invest in them is a legitimate question, writes Stefan Karlsson.
Modern monetary systems operate on the ability to turn debt into money.
Eugen von Böhm-Bawerk expressed concern that the interest rate might not get rid of its "moral shade"—its moralischer Schatten. Thorsten Polleit chronicles the attempts to drive it to zero.
Las Vegas is one big bubble, writes Doug French. Sin City's brand name has never been hotter.