Financial Markets
It’s Not Really about the Debt
The fall in the money stock that precedes price deflation is actually triggered by the previous loose monetary policies of the central bank.
Street Freak
<em>Street Freak</em> is a great American success story — with a twist. The book is hard to put down.
Inflation Targeting Hits the Wall
Inflation targeting is not only defective in guaranteeing monetary stability; it was instrumental in bringing about the current financial crisis.
MF Global’s Fractional Reserves
Has free banking turned MF Global into the eighth largest bankruptcy in history?
In Defense of Flash Trading
As society and technology progress, the instantaneous sharing of knowledge and information is not something to fear but to celebrate. In a world where capital moves at the speed of light, flash trading ensures that resources will continue to meet more deserving hands and be put to more efficient use.
Rothbard Revises the History of the Great Depression
We now see, thanks to Rothbard's insights, that the Hoover-Roosevelt period was really a continuum.
Where Is the US Stock Market Heading?
Why has the stock market declined despite a strengthening in the growth momentum of monetary liquidity?