Money and Banking
Financial Socialism
As the world financial system entered a state of collapse, commentators said that Russia had traded the shortages of socialism for the bank runs and financial panics of capitalism. In fact, modern finance and banking are built on unstable, socialistic foundations.
Credit for All
Clinton and friends propose a global lending facility as a prelude to endless bailouts.
Market Failure?
Financial instability and anti-capitalist fallacies about booms and busts.
Money and Nation State, Kevin Dowd and Richard Timberlake, Jr.
When I received this book, I turned first to the contribution of Murray N. Rothbard, "The Gold Exchange Standard in the Interwar Years."
Perils of the Dollar Standard
Winter's economic crisis in Asia was blamed on "go-go capitalism" and "crony capitalism," but those explanations don't get to the root cause. The Asian meltdown stems from structural defects deep within the world monetary system itself. These are defects that no amount of bailouts, exchange controls, IMF power, or even U.S. monetary discipline can repair.
Inflation: One Man’s Survey
My Latin professor once taught me the golden rule of Roman emperors, Vulgus vult decipi, ergo decipiatur. It means the masses want to be cheated, so let's cheat them. Machiavelli built his theory of government partially on this credo.