Money and Banking

Displaying 1861 - 1870 of 1996
Gregory Bresiger

What is it the Justice Department wants out of the biggest credit-card associations? Is duality in credit-card membership, the freedom for a bank to be a member of both major credit-card associations in the United States, good or bad? Is it legal or illegal? Is it a system that promotes cartels or a system that results in vigorous price cutting much to the consumer's benefit?

Charles Oliver

Austrians deal with a central but overlooked monetary conundrum.

They cause more monetary trouble than they are worth.

Llewellyn H. Rockwell Jr.

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.

Llewellyn H. Rockwell Jr.

Clinton and friends propose a global lending facility as a prelude to endless bailouts. 

David Gordon

When I received this book, I turned first to the contribution of Murray N. Rothbard, "The Gold Exchange Standard in the Interwar Years." 

 Half of U.S. currency is held overseas. What happens if (when?) it is repatriated?

Jeffrey M. Herbener

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.