The Fed

Robert Murphy uses Paul Krugman's own data to demonstrate the exact opposite of Krugman's conclusions.

In order to reduce a further weakening of the real wealth-generation processes, it is necessary to introduce tighter controls on banks.

A central bank confers no benefit on society at large. 

The mistakes made by the Fed are the predictable result of giving control of the monetary and financial system to a government agency.

The lizard part of our brains pushes aside the cognitive areas when we make investment decisions.

A policy-making think tank that works in a dozen or more fields is a lost cause from day one.

A closer look at the actual data reveals what Paul Krugman conveniently chooses to leave out.

The actions of Bernanke to revive the economy run contrary to the basic principles of running a company.

The gold standard prevents the authorities from engaging in reckless money pumping.