Posts Tagged ‘Monetary Theory’

“The Federal Reserve System’s Influence on Research in Monetary Economics” – White

“The Federal Reserve System’s Influence on Research in Monetary Economics” – White
“The Federal Reserve System is a major sponsor of monetary economics research by American economists. I provide some measures of the size of the Fed’s research program (both inputs and published outputs) and consider how the Fed’s sponsorship may directly and indirectly influence the character...
May 18th, 2011 | Future of Money, History of Money, Journal Articles, State of Money | Read More

“The Upside-Down World of Modern Monetary Theory” – Murphy

“The Upside-Down World of Modern Monetary Theory” – Murphy
“Modern Monetary Theory (MMT) is a hip economic/financial paradigm apparently sweeping a world unsatisfied with mainstream economics. Over the past year, I have been hearing a growing number of people refer to MMT: either fans who think it blows up my Austrian views, or foes who think it deserves...
May 11th, 2011 | Blogs, State of Money | Read More

Coming Soon to a Bank Near You…the “Hoarders”

Coming Soon to a Bank Near You…the “Hoarders”
We sound money types lament the disappearance of “good” money like gold and silver coins from day-to-day business. There is something special about these ancient and honorable monies. No, it’s not some Goldmember-style fetish, some psychological affliction known only to “gold bugs.” It’s...
May 10th, 2011 | Scholars' Corner | Read More

A Tiger by the Tail – Hayek

A Tiger by the Tail – Hayek
“F.A. Hayek said that his biggest regret in a lifetime of writing was that he never wrote a book-length refutation of Keynesian economics. He seriously doubted that Keynesian style planning would ever captivate governments, so he focused on different things. Economist Sudha Shenoy decided to rectify...
May 5th, 2011 | Books, Future of Money, History of Money, State of Money | Read More

Hayek On Deflation – Coordination Problem

Hayek On Deflation – Coordination Problem
Over on the Coordination Problem blog, a number of scholars in the field of monetary theory are having an interesting discussion on the topic of Hayek and deflationary spirals. I am providing the link. I recommend a thorough reading of the comments. The post is titled: Hayek on Deflation Steve Horwitz Coordination...
May 4th, 2011 | Blogs, Commentary | Read More