Archive for October, 2011

The Incredible Morphing Fed

The Incredible Morphing Fed
Student blogger Andrew Mack points out that the Fed was a creature of the “progressive” ethos of the early 20th century—i.e. the idea that powerful centralized institutions could “manage” the economy better than free, competitive individuals. But it is nonetheless interesting...
October 30th, 2011 | Sound Money Blog | Read More

Two Masterpieces by Mises

Two Masterpieces by Mises
In symposiums written “in honor of” some distinguished writer, the individual contributors too often go off on tangents of their own, and develop points of view that may be irrelevant or even alien to the writer they are supposed to honor. In order to pay homage to the great contribution...
October 30th, 2011 | Books, Resources | Read More

The Forgotten Cause of Sound Money

The Forgotten Cause of Sound Money
The Henry Hazlitt Memorial Lecture, presented by David Stockman at the Austrian Scholars Conference. Recorded on 12 March 2011 at the Ludwig von Mises Institute in Auburn, Alabama. Share on Facebook
October 30th, 2011 | Audio-Video, Resources | Read More

FEDERAL RESERVE ESSAY CONTEST

FEDERAL RESERVE ESSAY CONTEST
The Foundation for Economic Education is proud to announce the 2011 Eugene S. Thorpe Writing Competition. Writers of all ages are invited to address the following: “Should the Federal Reserve be abolished? What monetary system should replace it?” Deadline: Midnight, Dec. 31, 2011 Length: 2,000 words....
October 30th, 2011 | Contests, Essay Contests | Read More

The Gold Standard Mentality and the Great Depression

The Gold Standard Mentality and the Great Depression
It is a common argument that the gold standard was one of the reasons of the Great Depression. The Federal Reserve, it is argued, was unable to follow an optimal monetary policy, with its hands tied with the gold standard regime. However, as Timberlake (2008, p. 304) argues, the gold standard “ended...
October 29th, 2011 | Commentary, Scholars' Corner | Read More