John S. Chamberlain

Articles

07/15/2011 Mises Daily John S. Chamberlain

A credit default is not unprecedented. One occurred as early as 1777 and another as late as 1979.

07/07/2010 Mises Daily John S. Chamberlain

On January 22, 1991, Mikhail Gorbachev, the president of the Soviet Union, decreed that all existing 50- and 100-ruble banknotes were no longer legal tender and that they could be exchanged for new notes for three days only and only in small quantities. This had the effect of instantly deleting large portions of the savings and accumulated capital of private citizens.

Media

Ten Economic Blunders from History

07/07/2010 John S. Chamberlain

Take cover when you hear a political leader talking about economic affairs. You can bet a bad decision is incoming.

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