Mises Wire

Joseph T. Salerno

This is from the in-case-you-missed-it files. Thomas Sowell, my favorite Chicago economist, was a long-time supporter of the Federal Reserve bound by a Friedmanite monetary rule. In an interview in 2010, he called the Fed a "cancer" and advocated its abolition.

Joseph T. Salerno

On the eve of the World Economic Forum in Switzerland, William White, chairman of the Economic Development and Review Committee of the OECD and former chief economist of the Bank for International Settlements, delivered a dire warning concerning an impending meltdown of the global financial system.