The Fed
The Fed at 100: A Critical View of the Federal Reserve
Recorded during the Authors’ Forum at the 2014 Austrian Economics Research Conference, Joe Salerno discusses his recent book, co-edited with
Inflation Does Not Produce Economic Growth
If price inflation near 2 percent is good for the economy, why not aim at a higher rate of inflation and make the economy much healthier?
Fiat Money and Business Cycles in Emerging Markets
As central banks in rich countries flood their economies with fiat money, the excess funds are often used to invest in emerging markets.
Why the Wealth Effect Doesn’t Work
The overarching pervasiveness of wealth effect acceptance is not wholly surprising, for it is a perfect blend of the Monetarist and Keynesian Schools.
How Inflation Destroys the Wealth of Nations
The current crisis and impending collapse of the EMU are attributable to profound flaws in the original monetary foundations of the euro.
Is Bad Weather Behind Weak US Economic Trends?
Most economic commentators blame weakening economic data on recent bad weather in the US. Many assume it will improve once consumers can go out and spend again. But it’s more likely weakening trends are in response to the emerging economic bust brought about by a decline in the growth momentum of the money supply.
The Central Bankers
Interviewed by host Redmond Weissenberger, Mark Thornton discusses how central bankers cause problems in the economy.
Money-Printing is Doomed to Failure
Interviewed by host Alan Butler, Mark Thornton discusses how mainstream economists are sitting in the dark with no tools to install another light b
Europe May Be in the Calm Before the Storm
There is a perfect storm developing then in the European banking sector.