Money and Banking

The United States government is being hypocritical when it criticizes other governments for manipulating their currencies.

Ludwig von Mises's policy prescriptions for Austria after World War 1, offers insight into how Venezuela should respond to crisis and hyperinflation.

Keynesian economics enjoys universal approval among the political classes. But the whole Keynsian project must be abandoned if we desire economic prosperity.

Postel-Vinay's study further undermines the Friedman-Schwartz explanation of why banks failed during the Great Depression.

If the government sticks to the original money, its legal tender law is superfluous and unnecessary.

With hyperinflation approaching for Venezuelan currency, the Venezuelans may embrace the US dollar, which looks rock-solid by comparison.

Krugman claims that Danish monetary policy is one of the problems with Denmark, he is correct, but for the wrong reasons.

Since we are now experiencing unprecedented manipulation of markets, it only follows that we're risking an unprecedented collapse.

What is so great about the recently-invented 2-percent goal for inflation? It comes with some serious repercussions.

Texas is moving ahead with its plan to build an independent gold storage facility where ordinary people can have accounts.