Alex Pollock Examines Central Bank Digital Currencies
In this video panel on central bank digital currencies (CBDCs), Mises Institute Senior Fellow Alex Pollock moderates a discussion on what CBDCs could mean for the banking sector and the monetary system overall. Panelists include:
- Bert Ely, Principal, Ely & Company, Inc.
- Chris Giancarlo, Senior Counsel, Willkie Digital Works LLP; Former Chairman, US Commodity Futures Trading Commission
- Greg Baer, President & Chief Executive Officer, Bank Policy Institute
It Just Might Be Time to Listen to the Austrians
History and Institutions Matter: The Postslavery Development of Jamaica and Barbados
Capitalism Facilitates Mutual Aid. It Can’t Be Dismissed as “Selfish Materialism”
Many people criticize the free market as “materialistic”; it reduces everything to monetary values. Murray Rothbard analyzes this charge against the free market, and in this week’s column, I’d like to consider his distinct perspective. He first sets the stage:
Money: What Is It? The More Important Question: Why Is It?
Lighting the Gas under European Feet: How Politicians and Journalists Get Energy So Wrong
Student Loans and Government Subsidies: Another Government “Benefit” Creates Financial Chaos
How States Are Fighting the Fed with JP Cortez
It Is Time to Rethink the Policies of Invoking Government Nudges
There has been a lot of buzz going on about nudges ever since Thaler and Sunstein popularized the concept in their book “Nudge: Improving Decisions About Health, Wealth, and Happiness” published in 2008. Nudges are basically subtle suggestions or motivations devised to change people’s behavior without denying them the freedom to make own decisions. Thaler and Sunstein define nudges as: