Brendan Brown reviews Ben Bernanke’s optimistic case for monetary policy, in which the former chairman apparently forgot nothing and learned nothing.

What are the limitations of happiness economics? Is happiness economics biased toward a utopian ideal? François Facchini investigates this new critique of the free market economy.

Griggs and Murphy show that the Rothbard-Salerno measure of the “true money supply” tracks Treasury bond spreads well, supporting the Austrian business cycle theory’s explanation of yield curve predictive power.

Was Ford’s five dollar day an efficiency wage, rent-sharing, or a high-wage doctrine? Nathaniel Smith argues that Ford was behaving as a profit-seeking entrepreneur.

Explains the origin of the natural monopoly theory, the illusion that monopolies can be efficiently controlled by regulation. Railroads are not natural monopolies.

Are a deposit and a loan mutually exclusive? Or is a deposit contract legitimate even if it permits banks to engage in fractional reserve lending? Evans discusses these hybrid contracts.

Robert Murphy reviews Earle and Luther’s _The Gold Standard_, finding it a balanced and useful defense of an underappreciated monetary institution.

Greg Kaza reviews Brian Domitrovic’s book on Arthur Laffer--his communication of economic ideas and his interactions with U.S. policymakers prior to meeting Ronald Reagan.

Peter Earle reviews Boettke, Salter, and Smith’s argument that the rule of law should be brought to bear on the Federal Reserve, to rein in its distortions and disruptions.

This article explores the growing trend of state regulation targeting social media addiction among young people, offering a libertarian assessment of its legitimacy, consequences, and alternatives.