Money and Banks

Inflation isn't an increase in prices, and deflation isn't what causes economic depressions.

Many Americans now lack even small amounts of savings to deal with life emergencies. This is a triumph for Keynesian economics.

Central bankers think the official statistics are overcounting inflation and undercounting productivity.

We can apply economic analysis to explain cultural transformation, and a particularly important example is fiat money.

Ben Bernanke is not the savior who rescued the global economy; he is the clueless fool who plunged a poisoned knife in its back.

Thanks to the Fed's current monetary policy, real incomes are going down, and people are taking on more debt to maintain their standard of living.

The United States government is being hypocritical when it criticizes other governments for manipulating their currencies.

Keynesian economics enjoys universal approval among the political classes. But the whole Keynsian project must be abandoned if we desire economic prosperity.

The Mises Institute hosts the first ever live episode of the Contra Krugman Show.

Postel-Vinay's study further undermines the Friedman-Schwartz explanation of why banks failed during the Great Depression.