Money and Banks

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

The Mises Institute hosts the first ever live episode of the Contra Krugman Show.

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.

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

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

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

States are happy with physical cash if they can use technology to make it traceable.

Some US states are taking steps to offer their residents more freedom in the money they use.

Changing the demographic makeup of central bank officials is tantamount to slapping a food label on a box of rat poison in an effort to make it safe to consume.