Tom Duncan

Land of Confusion

I thought that I would offer a run-through of what the government and the Fed have done to help us out during our troubled economic times. It is, of course, […]

How Fake Money Saved Brazil – NPR

“This is a story about how an economist and his buddies tricked the people of Brazil into saving the country from rampant inflation. They had a crazy, unlikely plan, and […]

“Why Inflation Matters” – Steven Horwitz

From our friends at the Mercatus Center: “Although it has yet to make an appearance on the current economic scene, inflation continues to be a ghost that haunts the future […]

“Alan Goldspan”

By Reuven Brenner* Seemingly out of the blue, the U.S. Federal Reserve chairman is hinting at a return to the gold standard. If so, currency markets are in for a […]

“Dollar Bears”

“What matters is to have an agreed-upon unit of account in terms of which trading partners could price every contractual agreement, preferably having the medium of exchange serve as the […]

“It’s the Money, Stupid”

“At the moment, Republican leaders and policy elites are advancing exclusively fiscal solutions that address only the government response to the economic crisis and not the crisis itself. Fiscal deficits […]