A late one for the weekend: Money From Nothing
byThe Internet is becoming a real problem for the world’s propagators of printed paper money, because from its modern western invention in Massachusetts, in…
March, 2011
TCC ideas go down well with 100 YBF youngsters
byA couple of days ago I was delighted to address 100 students and youngsters involved with the Young Britons Foundation. Led by Donal Blaney,…
Audio: Eliminating Monetary Externalities
byThe Mises Institute has released a recording of the Murray N. Rothbard Memorial Lecture, recorded on Thursday in Auburn, Alabama, at their Austrian Scholars…
Federal Reserve Accounting and Its Solvency
byA good article from Jeffrey Rogers Hummel at George Mason’s History News Network: The Federal Reserve’s H.4.1 Release for January 6, 2011, announced an…
Lyndon Johnson’s “Great Society”: A Free Market Critique
byThe following talk was delivered at John Jay College of Criminal Justice in New York City on March 7, 2011, as a lecture in…
Adam Smith Reveals His (Invisible) Hand!
byToday is the anniversary of the publication of Adam Smith’s most famous work, ”The Wealth of Nations” (March 9, 1776). To celebrate this important day,…
At the ASI: Mervyn King and narrow banking
byVia Tom Clougherty at the Adam Smith Institute, Mervyn King and narrow banking: Ultimately, the problem with modern banks is that they do not operate…
Money supply versus money demand
byAccording to popular thinking, not every increase in the supply of money will have an effect on the production of goods. For instance, if…
William J. H. Boetcker’s Ten Cannots
byIt has become fashionable for our politicians to give us lists and pledges about things they will do or will not do to improve…
Gold bug heaven on King World News
byWith the price of gold crashing through record highs most days of the week at the moment, I should imagine most gold bugs are…