Archive for July, 2010

Inflation: Watering Down the Punch

Inflation: Watering Down the Punch
“With the recent financial crisis macroeconomic issues are receiving more and more attention. Inflation is one of those issues. Many claim inflation to be the cause of the crisis; which has even given the Austrian business cycle theory attention from the media. The theory states that an increase...
July 30th, 2010 | Blogs, History of Money | Read More

A Conversation with Milton Friedman – Liberty Fund

A Conversation with Milton Friedman – Liberty Fund
“Milton Friedman discusses his economic ideas with Gary S. Becker. Recipient of the 1976 Nobel Memorial Prize in Economics, Milton Friedman has long been recognized as one of our most important economic thinkers, and a leader of the Chicago school of monetary economics. A senior research fellow...
July 30th, 2010 | Audio-Video, History of Money | Read More

Norman Macrae, Sound Money and the IEA

Norman Macrae, Sound Money and the IEA
The late great Cambridge educated Norman Macrae, former Deputy Editor of The Economist reflected on the first 100 “Hobart Papers” published by The Institute of Economic Affairs.  Sound Money got his attention: “About 40 of the first hundred Hobarts have been on macro-economic subjects....
July 29th, 2010 | Commentary | Read More

Inflation: The view from Canada

Congratulations to the Molinari Institute in France for paying attention to sound money and posting Inflation, the Underrated Destroyer of Prosperity a speech by Maxime Bernier, MP for Beauce (Canada), before the Economic Club of Toronto on June 8, 2010 Share on Facebook
July 29th, 2010 | Commentary, Popular Articles | Read More

“Should the Fed Pump Even More”

“Should the Fed Pump Even More”
“The only way fiscal and monetary stimulus could “work” is if the flow of real savings (i.e., real funding) is large enough to support (i.e., fund) government activities and activities that sprang up on the back of loose-monetary policy while still permitting a positive rate of growth...
July 29th, 2010 | Popular Articles | Read More