New Book: ‘The Fed at One Hundred: A Critical View on the Federal Reserve System’
Doug French writes: “Looking for a hideously expensive book about the Fed with contributions form David Howden, Guido Hulsmann, Thomas DiLorenzo, Thomas Woods, Robert Murphy, Shawn Ritenour Herbener, Mark Thornton, William Barnett, Peter Klein, Lucas Engelhardt, and yours truly?”
Fortunately, economics majors are among the The Fed at One Hundred: A Critical View on the Federal Reserve System
Some great contributors. This might even be worth the high price:
Including contributions from David Howden, Guido Hulsmann, Thomas DiLorenzo, Thomas Woods, Robert Murphy, Shawn Ritenour, Jeffrey Herbener, Mark Thornton, William Barnett, Peter Klein, Lucas Engelhardt, and Douglas French.
Jim Grant: “The Federal Reserve Has So Little Self-Awareness...”
...it un-ironically wonders aloud who’s been suppressing volatility and compressing yields.
Default, Argentina!
Regarding Nicolás Cachanosky’s insightful article this morning on Argentina’s coming default, I would just add that it can’t come soon enough. Although one can only imagine what kinds of behind-the-scenes pressure Argentine President Cristina Kirchner and central bank head Juan Carlos Fábrega are under right now to pay these bonds, Argentina should continue with its default. It’s the only moral choice.
Review of Making Sense of Social Security Reform, by Daniel Shaviro; Is Social Security Broke? by Barbara R. Bergmann; Administrative Aspects of Investment-Based Social Security Reform, edited by John B. Shoven
Introduction: Symposium on Time and Money
This book is a long-awaited project among Austrian economists; some of the central contributions found in the book date back nearly a quarter of a century. The consensus of opinion is that it has been worth the wait and that the book is an important contribution to Austrian economics as well as to the comparative study of macroeconomics schools of thought.
