Marjorie Grice-Hutchinson, studying Spanish literature, stumbled into the monetary writings of the authors of the School of Salamanca; she shared those writings with F.A. Hayek, who realized how relevant they were.   Murray Rothbard was also exposed to the Salamanca tradition by Hutchinson, and I count...

In recent days, Europe has seen two governments fall: the Prime Ministers from Greece and Italy. New governments where formed. Besides these important changes, the financial markets did not calm down; volatility and uncertainty did not go away as former governments did. This points to the fact that the...

Why Did The Fed Inject Banks With A Record Amount Of “Other” Cash In The Past Week? Submitted by Tyler Durden on 11/25/2011 20:19 -0500 Update: as some claim, the “other” reserve move may have been sourced to satisfy GSE demands. That would be ideal and would indicate that...

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