Money and Banks
Elizabeth Warren Turns a Blind Eye to the Central Bank
Elizabeth Warren thinks she can prevent future foreclosure crises by regulating private banks. She should take a hard look at central banks instead.
Let’s Ditch the Fed for the Right Reasons
John Tamny is right that we don't need the Fed. Unfortunately, his new book on the Fed goes off course while explaining why.
If the UK Economy Tanks, Don’t Blame Brexit
The Bank of England has been less reckless than the ECB. But both the UK and the eurozone economies are fragile thanks to loose monetary policy.
The Fed and Bernanke Are Wrong About the Natural Interest Rate
If the Fed would quit meddling with interest rates, the natural interest rate would be revealed.
Yellen’s Senate Hearing: Fed’s Forecasting Has Lost All Credibility
The Fed's terrible record of forecasting has destroyed its credibility to the point that its word no longer means anything.
The National Debt: A Conspiracy of Silence
Henry Hazlitt describes "the open conspiracy" among politicians to refuse to address the national debt.
A Common Central Bank Tool: Fear Mongering
The Bank of England warns of financial panic if Britain votes to leave EU.
Central Bankers Are Wrong About Inflation and Deflation
Inflation isn't an increase in prices, and deflation isn't what causes economic depressions.
The Keynesian Blessing: Americans Are Broke
Many Americans now lack even small amounts of savings to deal with life emergencies. This is a triumph for Keynesian economics.