Booms and Busts
The Fed Obliterates the Savings Ethic
Lord Keynes was constantly worried that people were saving too much and consuming too little — thus the need for more and cheaper money to stimulate the economy. Mr. Bernanke is nothing if not a good Keynesian, and his low rates make even the savviest question whether to forgo consumption.
When Iceland Totally Froze
The Cure (Low Interest Rates) Is the Disease
Life with the Fed: Sunshine and Lollipops?
The fake version of history says that without a central bank or its lesser cousin, a national bank, we had nothing but boom, bust, and sorrow — but since the creation of the Federal Reserve System, it's been nothing but sunshine and lollipops. Let us take a look.
Is Inflation Harmless or Even Good?
A Fed employee argues that inflation is harmless. I argue that it is a rip-off for everyone who uses dollars.
Rollback: An Interview with Thomas E. Woods, Jr.
Interviewed by James Puplava on the Financial Sense Newshour, 16 March 2011.
World War II Did Not End the Great Depression
The illusion of wartime prosperity is rooted in how national income was calculated and in how the statistics were compiled, writes Art Carden.
The Moral Hazard of the Euro
It is a great pleasure for me to present this book by my colleague Philipp Bagus.
Foreword to The Tragedy of the Euro
It is a great pleasure for me to present this book by my colleague Philipp Bagus, writes Jesús Huerta de Soto.