Money and Banking

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.

If the government sticks to the original money, its legal tender law is superfluous and unnecessary.

With hyperinflation approaching for Venezuelan currency, the Venezuelans may embrace the US dollar, which looks rock-solid by comparison.

Krugman claims that Danish monetary policy is one of the problems with Denmark, he is correct, but for the wrong reasons.

What is so great about the recently-invented 2-percent goal for inflation? It comes with some serious repercussions.