Money and Banks
Saving, not Technology, Is the Key to Economic Growth
The real impediment to economic growth has been the relentless central bank tampering with financial markets.
Venezuela Turns to Barter
As planned by Chavez, barter is indeed replacing currency transactions throughout the economy but with hardly the results the late socialist envisioned.
How the UK Can Escape Angela Merkel and the EU
Turning toward sound money and freer trade with the US could help free Britain from Brussels and Berlin.
Daniel Lacalle on Why Central Banks are Trapped
Jeff Deist and Daniel Lacalle discuss what rising interest rates will mean, and why academics and bankers are so clueless about the monetary side of financial markets.
Myth: Gold Makes Boom-Bust Cycles Worse
The gold standard, if not abused, is not conducive to boom-bust cycles.
Economists Won’t Predict the Next Crash — Because They Can’t
Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so.
Trade Tariffs Won’t Crash the World Economy, Monetary Policy Will
Many people fail to correctly distinguish between the causes and effects of price inflation and those of monetary inflation.