Monetary Theory

Displaying 1 - 10 of 910

The "New Normal" of Ultra-Low Interest Rates

Money and BanksMonetary TheoryMoney and Banking

Blog02/14/2017
After nine years of unwarranted and irrational monetary policy, some people are taking the current monetary regime as normal and natural.

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How Trump Could Win the Currency War

The FedMoney and BanksMonetary TheoryMoney and Banking

Blog02/06/2017
If Trump wants to end the foreign currency manipulation he condemns, he can begin by ending the use of "non-standard" monetary tools in the US.

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Should Cash be Abolished?

Money and BanksMonetary TheoryMoney and Banking

Blog01/29/2017
The usefulness of money depends on it having some connection to physical money. Reducing money to a digitized abstraction would be a disaster.

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The Case Against Fed Reform

The FedMonetary TheoryMoney and Banking

Blog01/04/2017

Congress seems set to reform the Fed, but what we really need is Fed competition.

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Why Government Solutions Usually End in Inflation

Big GovernmentBooms and BustsMonetary Theory

Blog01/03/2017

All governments are firmly committed to the policy of low interest rates, credit expansion, and inflation.

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Why Are Dollar Bills Worth Anything?

Monetary TheoryMoney and Banking

Blog12/21/2016

Today's paper money does not have value due to some government decree. It's value as money is based on a past connection to commodity money.

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Ten Fundamental Laws of Economics

Austrian Economics OverviewMonetary Theory

Blog12/20/2016

If we had to sum up economics in ten fundamental laws, here are ten we would choose.

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The Week in Review: December 3, 2016

The Police StateWorld HistoryInterventionismMonetary TheoryPolitical Theory

Blog12/02/2016

American's should worry less about companies leaving for oversees, and more about how government is eroding their freedoms.

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Bring Back the "Gold-Clause Contracts"

Legal SystemMoney and BanksGold StandardMonetary Theory

Blog10/31/2016

The courts have long sided with the Feds in refusing to enforce gold clauses in private contracts. State governments can undo some of this damage.

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Did Tariffs Make America Great?

Money and BanksU.S. HistoryMonetary Theory

Blog10/06/2016

Economists Stephen Cohen and Bradford DeLong are spouting an unfortunate amount of enthusiasm for Alexander Hamilton's corporatist economics.

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