Monetary Policy

  • Implicit Inflation

    The problem of inflation is a major concern in economics; it gives rise to economic discoordination and affects the distribution of wealth. Among most economists, inflation is generally seen just […]

  • “Bernanke Continues Fight Against More Fed Scrutiny”

    “With Congress getting close to finalizing an overhaul of the nation’s financial-regulatory system, Federal Reserve Chairman Ben Bernanke weighed in against provisions in the proposed legislation that would subject the […]

  • Bank of Canada Raises Overnight Rate

    “The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is […]

  • Crisis Risk Moves from Credit to Politics

    “The causes of the global financial crisis of 2008 were almost entirely flaws in the credit system based on leverage, exotic financial instruments, and a sharp drop in American housing […]

  • Doug Bandow Reviews “Money, Markets and Sovereignty”

    “The era of laissez-faire capitalism is over, it is said, as if the era of laissez-faire capitalism ever really began. Still, globalization has helped open markets around the world. At […]

  • Bill Anderson on the Weak Dollar

    “Mike Van Winkle asks Prof. Bill Anderson of Frostburg State University What is a weak dollar? And why does it matter?” Listen in here. First Principles Episode 12: The weak […]

  • “Sound banking saved Canada”

    “In conjunction with Wall Street investment houses, lenders created the increasingly risky loans designed to help Americans realize the dream of homeownership, giving birth to such questionable practices as no […]

  • “Monetary Central Planning and the State”

    The Future of Freedom Foundation has an in-depth history of the debate over a monetary central authority. Dr. Richard Ebeling offers his stunning knowledge on the subject in a 40 […]

  • Steve Horwitz on Monetary Equilibrium Theory

    “Professor Steve Horwitz gives a talk on Capital and Its Structure to the student of the Advanced Austrian Economics seminar in Irvington, New York.” Listen here.   Mentary Equilibrium Theory […]

  • “When Will the Eurozone Collapse?”

    “As a long-standing critic of the concept of a single European currency, I have not rejoiced at the current problems in the eurozone that threaten the very survival of the […]

  • The Recovery Starts With Sound Money – Judy Shelton

    The willingness to work for the sake of future prosperity is a universal human quality, but people must believe there is a link between effort and reward. The euro is […]

  • About the Fed

    “How does monetary policy affect the U.S. economy? The point of implementing policy through raising or lowering interest rates is to affect people’s and firms’ demand for goods and services. […]