The Non-Price Effects of Monetary Inflation
The aim of this paper is to examine the non-price effects of monetary inflation.
Monetary Theory
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Gold versus Fractional Reserves
A dual currency system could eventually permit a smooth transition back to a sound gold currency.
Optimal Monetary Policy
The competitive production of money can work and has worked well in all known historical cases.
The Gold Standard Did Not Cause the Great Depression
What makes this book unique is Sumner's use of financial data and press accounts on the precise zigs-and-zags of the economy during the 1930s.
Jean-Baptiste Colbert and Louis XIV
Colbert: "The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing."
Murray Rothbard and the Deflation Bogey
Contra the "experts," the economy really needs a strong bout of deflation to eradicate malinvestments and to permit the economy to have a real recovery.
Money, Keynes, and History
Though the descent of Keynesian doctrine from intellectual respectability can be denied no longer, it still gravely threatens sensible monetary policy.
What Derek Carr’s Contract Teaches Us about Wall Street and Income Inequality
Until we abolish the Fed, Wall Street will continue to dominate the economy even more than Bill Belicheck has the dominated NFL.
Four Reasons Central Banks are Wrong to Fight Deflation
The harmful character of deflation is a sacred dogma of monetary policy. However, evidence substantiating these claims is either weak or nonexistent.
Peter Klein on How Not to Reform the Fed
Peter Klein and Jeff Deist discuss the effectiveness of constraints on the Fed.
