The Cultural Consequences of the Federal Reserve
Our inflation and debt-based system encourages our society to adopt a short-term perspective.
Money and Banks
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Changes in the Money Supply Don’t Cause Business Cycles
Business cycles do not result from mere fluctuations in the money supply. What is needed is that the changes occur with money made "out of thin air."
How Long Can the Fed Keep the Boom Going?
Given current bond and stock market valuations, investors seem to be fairly confident that the Fed will succeed in keeping the boom going.
How Economists Destroyed Pre-World War II Germany
Monetary history proves that no nation can afford to treat economic theory with contempt.
Inflation and Mercantilism in America: Five Cases
If inflation is the health of the State, how and in what way has government generated inflation in the history of the United States?
Milton Friedman Debunked — by Econometricians
Despite arbitrarily fudging the data, Friedman was unable to support one of his most central claims — that the demand for money is very stable.
Allan H. Meltzer, RIP
Allan H. Meltzer, a distinguished monetary economist and historian and a longtime professor of economics at Carnegie-Mellon Institute, died on Monday at the age of 89.
Three Ways Trump’s Tax “Cuts” Will Raise Taxes
Trump's plan to increase spending and lower taxes will only increase deficit spending. And that brings with it a host of new costs for taxpayers.
France’s Election Provides Only Short-Term Relief For The Euro
France's new president Macron will face some major challenges at home, both economically and politically.
China’s Plan to Subvert the Global Dollar Standard
Are China and Russia prepared to escalate the financial war with America? It won't be easy, but they're increasingly motivated to do so.
