Archive for June, 2010

“Chicago Fed’s Evans ‘wary’ of more asset purchases”

“Chicago Fed’s Evans ‘wary’ of more asset purchases”
“”There are limits to what policy can do,” especially to improve the nation’s labor market, Evans said in a television interview on CNBC. Interest rates are near zero as the Federal Reserve’s stuck with an accommodative monetary policy, and it’s already purchased $1.75...
June 30th, 2010 | Popular Articles | Read More

“Freshman GOP senator finds pivotal role on financial regulation”

“Freshman GOP senator finds pivotal role on financial regulation”
“With the House of Representatives poised to vote on the latest version of financial regulation perhaps as soon as late Wednesday afternoon, the political spotlight has turned to a Republican senator who has been in office for less than five months and who forced what the Obama administration had...
June 30th, 2010 | Popular Articles | Read More

“Worst Still Ahead for Economic and Systemic-Solvency Crises”

“Worst Still Ahead for Economic and Systemic-Solvency Crises”
“The U.S. economy continues in its longest and deepest downturn since the early 1930s, the first downleg of the Great Depression. This structural contraction already shows characteristics of a depression. Particularly protracted and deep, it will remain unresponsive to traditional economic stimuli....
June 30th, 2010 | Future of Money, Policy Papers | Read More

Money: Its Origins, Development, Debasement and Prospects

Money: Its Origins, Development, Debasement and Prospects
“This book tells how money has conferred power and profits to those in positions to monopolize its production, abuse their power, and ultimately destroy the value of the nation’s economy. It tells why government has not and will not — because it can not — preserve the value of...
June 30th, 2010 | Books | Read More

“The Use of Knowledge in Society”

“The Use of Knowledge in Society”
“The peculiar character of the problem of a rational economic order is determined precisely by the fact that the knowledge of the circumstances of which we must make use never exists in concentrated or integrated form but solely as the dispersed bits of incomplete and frequently contradictory knowledge...
June 30th, 2010 | Journal Articles | Read More