Money and Banking
“Finance Behind the Veil of Money”: A Rejoinder
Finance Behind the Veil of Money takes the minority view that opportunity costs are not only unnecessary but even unhelpful to understanding choice.
The Fed Plans for the Next Crisis
The Fed is busy coming up with new ways to "stimulate" and manipulate the economy.
Review of The Ontology and Function of Money: The Philosophical Fundamentals of Monetary Institutions
This ambitious new book on the foundations of money and monetary institutions is an impressive interdisciplinary exercise.
Why Governments Want a Central Bank-Issued Digital Currency
Threatened by the existence of private digital currencies, central banks are looking to create some of their own.
Review of Monetary Regimes and Inflation: History, Economic, and Political Relationships, Second Edition by Peter Bernholz
The book is informative about inflation in all periods of human history, and researchers looking for concise overviews will find much use in it.
Central Banks May Choose Helicopter Money Over Negative Rates
Negative interest rates have proven to be unpopular with the public. But the central banks have other strategies up their sleeves.
Former IMF Economist Declares War on Cash
The War on Cash is nothing more than a lust for more power by central bankers and their advocates in academia.
The False Promises Behind Quantitative Easing
Loose monetary policy is based on a trickle-down theory designed to encourage spending and punish saving. This will lead to greater pain in the end.
Sorry, Krugman: Austerity Is Good for the Economy
If Paul Krugman took a more serious look at Europe, he would see that austerity policies really do produce a better economy.