Investing in Cash: The First Step toward 100 Percent-Reserve Banking
A new survey by American Express reveals that 29 percent of Americans keep at least some of their "savings" in cash.
A new survey by American Express reveals that 29 percent of Americans keep at least some of their "savings" in cash.
Money is an odd book. “Moderation” in the use of a bad measure is no virtue. If cyanide is poison, “drink in small doses” is not the appropriate response. Money falls exactly into this bad pattern.
The Swiss central bank's decision to let the Swiss franc find its market value (compared to the euro) was predictable, yet it has caused instability for Swiss markets. Meanwhile, the peg never helped the Swiss economy.
This article reviews the Fed’s performance with particular emphasis on its contribution to the 2008 crisis and then suggests an alternative policy which, had it been in place would have dampened the most recent boom and bust.
At the individual level, we can't get rich by spending money, but Keynesian stimulus is built on the idea that yes, spending money does in fact make you richer. Unfortunately, it only makes some people richer, not including you.
John Cochran discusses his career as an economist and how the academic world has changed for Austrians in recent decades.
Interviewed by host Elijah Johnson, Mark Thornton explains how the Austrian view of economics contrasts
The Greeks may still default, and that would mean big trouble not so much for Greece as for other EU member states who will be on the hook for even
The Greeks may still default, and that would mean big trouble not so much for Greece as for other EU member states who will be on the hook for even more bailouts.
Popular opinion seems to be that falling prices—or even stable prices—are bad for the economy, but I’ve never seen any good arguments about why.