Patrick Barron

Tags The FedMoney and BanksBusiness CyclesMonetary TheoryMoney and Banking

Patrick Barron is a private consultant to the banking industry. He has taught an introductory course in Austrian economics for several years at the University of Iowa. He has also taught at the Graduate School of Banking at the University of Wisconsin for over twenty-five years, and has delivered many presentations at the European Parliament.

All Works

0 Views

Lea esto en Español

Counterfeiting Money Is a Crime — Whether Done by the Fed or A Private Individual

Money and BanksMoney and Banking

Blog04/13/2019Patrick Barron

The consequences of counterfeiting are the same regardless of who does it. The counterfeiters are exchanging nothing for something — thus stealing from those who create real value.

0 Views

Lea esto en Español

What a "Hard Brexit" Could Mean for the UK

Media and CultureMoney and Banking

Blog03/20/2019Patrick Barron

London is a major global hub, and a hard Brexit wouldn't change that. But one of the best possible outcomes of Brexit could be a move toward real free trade beyond the faux "free trade" of the EU bloc.

0 Views

People Trade. Nations Don't.

Money and BankingTaxes and Spending

03/05/2019Power & MarketPatrick Barron

Through their power to control banking, central banks are unnecessary barriers to commerce. Even those who have spent their entire lives in banking, often in positions of great importance and responsibility, assume that cooperative exchange of goods and services requires a central bank's...

0 Views

Lea esto en Español

The Monetary Base Never Returned to "Normal" After the Great Recession

Money and BanksMoney and Banking

Blog12/21/2018Patrick Barron

M1 and the monetary base are almost equal at this time, but this is unprecedented in modern monetary history, as usually the monetary base is a fraction of M1.