The Staggering Economic Errors Behind The Policy of Quantitative Easing
byIn September of last year, I placed this article up on our web site detailing the theoretical errors behind the policy of quantitative easing….
monetary policy
Calls for further monetary expansion are cuckoo
byIn today’s Telegraph Ambrose Evans-Pritchard gives a splendid analysis of the dire fiscal problems facing the developed economies, but a dreadful analysis of their…
What is money?
byIn their working paper Assessing UK money supply measures in the light of the credit crunch, Toby Baxendale and Anthony J. Evans provide a better measure of the money supply. In this article, Steven Baker explores the background to the paper and indicates some key findings.
Laurence Kotlikoff’s “Jimmy Stewart is Dead”
byJimmy Stewart plays George Bailey who is cast as the “honest” and trustworthy banker in the classic Hollywood film, “It’s a Wonderful Life.” Kotlikoff’s…
De Soto and the Relevance of his Banking Reform Proposal Today
byThis has been copied from Money, Bank Credit, and Economic Cycles which can be downloaded here or bought here. PREFACE TO THE SECOND ENGLISH…
The Limits of Monetary Policy
byThis post is taken from Mises, The Theory of Money and Credit (1934), chapter 13 Monetary Policy (PDF, HTML), covering the limits of monetary…
Inflationism
byThis post is taken from Mises, The Theory of Money and Credit (1934), chapter 13 Monetary Policy (PDF, HTML), covering inflationism. Follow this link…
Monetary Policy
byThis post is taken from Mises, The Theory of Money and Credit (1934), chapter 13 Monetary Policy (PDF, HTML), covering monetary policy and the…
The Crack-up Boom
byThis post is excerpted from Mises’ “The Causes of the Economic Crisis and Other Essays Before and After the Great Depression” which is available…
Policy Exchange and the Near Consensus on the Merits of QE
byI went to this event today. “22/02/2010 – Ideas Space Quantitative Easing: Friend or Future Foe? The Bank of England entered unchartered territory in…