Articles
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Why free-banking?
The need for and convenience of a central bank are usually taken for granted. To say that a central bank is a good institution and, therefore, needed, is not enough. […]
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Inflation targeting as a monetary policy rule
Among economists who agree that monetary policy should be conducted according to predictable rules, perhaps no proposed rule enjoys greater support than inflation targeting. In brief, inflation targeting means the […]
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Sound money alternatives series
Over the next few weeks, the Sound Money Project will be running a series of blog posts exploring free-market monetary alternatives. Our dedicated fellows will prepare a series of posts […]
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Why are real interest rates so low?
In a recent blog post, Alex Salter discusses the problem of reasoning from a price change in the context of interest rates. Simply put, observing a low interest rate does […]
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More on money and interest rates
A confusion arising from the popular usage of the word “money” is that bankers claim to lend money and bank customers claim to borrow money. But, people do not increase […]
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Old money: How the Fed’s actions harm millennials
By Diana Furchtgott-Roth and Jared Meyer In our new book, Disinherited: How Washington Is Betraying America’s Young, we show how government policy is biased towards older people and creates an environment […]
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Op-ed: Trade agreements need rational provisions to end currency manipulation
It’s a well-known fact among economists of nearly every stripe that global trade is an engine of prosperity, especially for developing nations with a crucial need for access to international […]
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Ten things every economist should know about the gold standard
This piece was originally published by Alt-M By George Selgin At the risk of sounding like a broken record (well, OK–at the risk of continuing to sound like a broken record), I’d […]
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Evaluating quantitative easing
This piece was originally published in Alt-M By Gerald P. O’Driscoll In my prior post, “The Futility of Stimulus,” I examined whether Federal Reserve Policy has provided economic stimulus. I […]
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Ben Bernanke, Austrian macro economist
Self-styled Austrians have a tendency to overstate the differences in the Austrian business cycle theory and that of so-called mainstream economists.
