Gonzalo Schwarz
The Impossibility of Economic Calculation in a Fiat World
The purpose of keeping accurate accounts is to quantify net worth at any given point in time – as well as the change from a prior date.
Yes Virginia, There Is A Constitutional Monetary Unit
Last week, the Virginia House of Delegates Rules Committee passed, by an 11 – 1 bipartisan majority, a bill to establish “a joint subcommittee to study the feasibility of a United States monetary unit based on a metallic standard, in keeping with the constitutional precepts and our nation’s founding principles….”
Monetary Policy and Heightened Price Volatility in Raw Materials Markets
Despite the Fed’s breathtaking increase of base money since the autumn of 2008, the money stock as measured by conventional concepts such as M2 has not increased greatly
China: Money Matters
Contrary to what the doomsters have been telling us, China’s economy is not on the verge of collapse.
Another Step Toward Helicopter Money, And Away From Freedom
The Federal Reserve’s decision to enter the New Year by extending and enlarging its policy of quantitative easing is another step toward “helicopter money”
Further Inside the Brain of the Sound Money Advocate
Bloomberg’s recently (and quite rightly) christened “Forbes 30 Under 30” superstar Josh Barro is inside my head.
Too Late, Fiscal Cliff. Bracket Creep Beat You To It.
In order to avert next year’s automatic spending cuts, President Obama has called for a return to President Clinton’s higher tax rates on incomes over $200,000 ($250,000 for joint filers).
Leszek Balcerowicz: The Anti-Bernanke
As an economic crisis manager, Leszek Balcerowicz has few peers. When communism fell in Europe, he pioneered “shock therapy” to slay hyperinflation and build a free market.
