Intermediate

As the economy moves into recession, we should understand how we got there and what is needed to bring about a quick and lasting recovery.

American political, educational, and economic life is increasingly dominated by "experts." We should not be surprised that they fail most of the time.

Ours is an age of the progressive expert who nearly always is wrong but still is embraced by progressive politicians, the media, and academe.

The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.

Geuss claims to be a liberal against liberalism. Given that he has praised Lenin and Mao, that part about being against liberalism is certainly true. 

The Federal Reserve has not only mismanaged the US economy; even its own "portfolio" is underwater.

Historians praise the US entry into World War I because it enabled an Allied victory. But it also led to the economic disasters of the 1920s and ’30s.

The author recalls the 1922 peace dollar his grandfather gave him sixty years ago. Real money.

The Fed's predictable response to inflation is based on erroneous economic thinking common with Keynesians. Only a free-market approach can reduce inflation and restore true market interest rates.

The common view of inflation is that it is defined as a general increase in prices. Actually, inflation is expansion of the money supply that results in price increases.