New Face, Old Menace
By focusing on the symptoms rather than causes, there is no way that one can make an economy more healthy and prosperous.
By focusing on the symptoms rather than causes, there is no way that one can make an economy more healthy and prosperous.
How glorious and wonderful is the appointment of Ben Bernanke? Frank Shostak says not at all, because his theory is wrong.
Roger Garrison on the new Fed chairman: Bernanke's idea of "inflation targeting" is in need of some deconstruction.
Bill Fleckenstein (MSN Money) says that the next Fed chairman should “Be well-v
Index targeting is widely viewed as a state-of-the-art concept, writes Thorstein Polleit. But in Mises's view, the very idea of measuring price levels toward stabilization is theoretically untenable and politically dangerous.
If the Mises Site is not enough, there is now another source on the web for economic education (this via Jeff Scott):
Greenspan speaks of a condundrum whereby long-term yields on government bonds are surprisingly low. Why anyone would invest in them is a legitimate question, writes Stefan Karlsson.