Money and Banks
From Monetary Nationalism to Monetary Imperialism: Fractional Reserve Banking and the Inter-Government Cooperation
The Japanese Deflation Myth and the Yen’s Slump
The Japanese government claims it’s still fighting deflation, although there are no signs of it in Japan. Through a mixture of chance, habit, and economic sclerosis, prices have been stable in Japan, but Abenomics makes the future of the yen anyone’s guess.
Patrick Barron: Currency Wars and the Death of the Euro
Jeff Deist and Patrick Barron discuss what’s going on in the EU, how Germany in particular suffers from being yoked to the other Eurozone nat
Patrick Barron: Currency Wars and the Death of the Euro
Jeff Deist and Patrick Barron discuss what's going on in the EU and what it might mean for America.
Federal Reserve Policies Cause Booms and Busts
Richard Ebeling explains the basics of how central banks cause booms and busts.
The World’s Largest Subprime Debtor: The US Government
When the day of reckoning comes, will anyone criticize the Federal Reserve for making the unsustainable debt-fueled spending spree possible?
Five Lessons Learned from the Scottish Referendum
In spite of its failure in the short term, the Scottish campaign exposed elite dread of decentralization while establishing a precedent that regions can decide for themselves to secede even without a nation-wide vote. The campaign also illustrates anew ongoing trends in the decline of the nation-state.
The Unseen Costs of the Minimum Wage
Supporters of minimum wage hikes claim they have little or no effect on employment, the law of demand makes it clear the effects of price controls