Fed Seen Paying Banks $77 Billion
Interest payments to banks (for money held on account wit the Fed) could rise from $1 billion in 2012 to $77 billion in 2016.
Mises Wire
How Much Free Gasoline Costs
Many oil-rich countries subsidize the sales of gasoline. Venezuela sells gasoline for less than 2 cents a gallon.
Private Equity and Entrepreneurial Governance
I have a new paper with John Chapman and Mario Mondelli, “Private Equity and Entreprene
Walter Block on Austrian Economics as a Cult
Mainstream economists, especially those of the Chicago School, have often tried to dismiss the Austrian School as a cult.
“The Tax Was Most Popular Before It Was Laid”
On this date in 1913, from the New York Times:
Extensions of ABCT: The Fed’s Impact on Latin America
Nicolás Cachanosky, who recently completed his PhD at Suffolk University under Ben Powell (now at Tex
America’s Great Depression Quote of the Week: Hallmark of an Inflationary Boom
The 1920s was a period when price stabilization proposals a la Irving Fisher were influential in policy and central banking circles.
The Rothbard/Higgs/Vedder and Gallaway Thesis Part III
In 2009, Lee Ohanian published the article, “What—or Who—Started the Great Depression,
