What’s So Scary About Deflation?
The person who epitomizes the fear of deflation best is Ben Bernanke, chairman of the Federal Reserve.
The Fed
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Why Central Bankers Are Liars
Interviewed by host Scott Horton, Mark Thornton talks about the increasingly popular and mainstream Austrian school of economics, how sound economi
Bitcoins, Greenbacks, and the Fed
Interviewed by host Ben Stone, Mark Thornton talks about Bitcoins, fiat greenbacks, the Federal Reserve, and the Iron Law of Prohibition.
The Rise and Fall of the Dollar
One of Mises’s followers was Jacque Rueff, the popular economic advisor to French President Charles de Gaulle.
A Substandard Golden Rule
The gold “price rule" is by no means a gold standard; nor is it a cure for our monetary ills.
Killing the Currency
With such pronounced expansion, will the U.S. soon experience significant price inflation, and if so, how severe may it be?
Stable Prices, Unstable Markets
Fed policy makers are telling us that they have to stabilize the price level in order to allow the efficient functioning of the market: a contradiction in terms.
“Real” Reinforcement for Austrian Arguments
Some of the results developed by RBC proponents, can reinforce the claims made by Austrian business cycle theorists.
Nominal GDP Targeting: New-Fangled Monetarism or Old-Fashioned Keynesianism? Can This New Fad Save the Fed?
Despite market monetarism’s recent popularity, nominal GDP targeting fails to achieve the end of aiding macroeconomic coordination.
Controlled and Uncontrolled Reserves at the Federal Reserve, 1921-1933
From the session on “Studies in Economic History,” presented at the Austrian Economics Research Conference.
