Money and Banking

 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.

With its latest move to boost interest rates, the Fed is again clouding its role as the sole source of economy-wide price increases.

Fifteen years ago, Murray N. Rothbard wrote a piece on the most prevalent economic errors of that time. What are the great economic errors alive today?

The Prime Minister's statist, inflationist program isn't saving the country; it is preparing the way for yet another crash. 

As regular banks decline in financial importance, some economists have wrongly said that non-banks have become engines of inflationary credit.

Does Alan Greenspan have a theory or is he just winging it? (Commentary by James Grant)