Money and Banking

We can apply economic analysis to explain cultural transformation, and a particularly important example is fiat money.

Ben Bernanke is not the savior who rescued the global economy; he is the clueless fool who plunged a poisoned knife in its back.

Friday's bad employment data closed out a week of new analysis revealing a battered economy.

Grant: "I think both the institution of government-credit money and of credit are in a tough way."

Lucky for Americans in need, Wal-Mart is there to provide the services that government will never be able to do well.

Thanks to the Fed's current monetary policy, real incomes are going down, and people are taking on more debt to maintain their standard of living.

The United States government is being hypocritical when it criticizes other governments for manipulating their currencies.

Keynesian economics enjoys universal approval among the political classes. But the whole Keynsian project must be abandoned if we desire economic prosperity.

Ludwig von Mises's policy prescriptions for Austria after World War 1, offers insight into how Venezuela should respond to crisis and hyperinflation.

Postel-Vinay's study further undermines the Friedman-Schwartz explanation of why banks failed during the Great Depression.