Money and Banking

Even before the recent rate cuts, Greenspan had opened the monetary spigots, in a duplication of the policy error that led to the artificial boom. William Anderson explains.

It was once an economic powerhouse, feared by the U.S., but Keynesian-style macroeconomic planning led to its undoing. William Anderson explains how and why it happened.

He has succeeded in misleading almost everyone into accepting a bizarre and idiosyncratic view of the business cycle, writes Joseph Salerno.

The inflation suffered by the colony of Rhode Island during the early eighteenth century is well-described by the word "wanton." Especially since the engineers of this inflation were the Wanton brothers, John and William, Governor and Deputy Governor of the colony at the time.

The system is wide open to abuse, maltreatment, and even corruption, writes Hans Sennholz

 If a corporation were to engage in the deceit that is the government's daily business, the SEC would intervene with severity, says Hans Sennholz

Some economists say measuring inflation is as easy as checking a thermometer. Gene Callahan debunks this view.

Hans Sennholz issues of note of caution: fundamental maladjustments mar unprecedented growth of the US economy.

Brookings economists are fixated on finding the proper rate of unemployment and inflation. But their very model is wrong-headed, says Frank Shostak.

Technology is great, but it can't alter the nature and function of money, and it can't create a money out of thin air, argues Frank Shostak.