Winner of Third Prize in Mont Pelerin Society’s Young Scholar Essay Contest
byLast week I won third prize in the Mont Pelerin Society’s Young Scholar Hayek Essay Contest, you can see the winning essays here:…
Money
China’s Currency Manipulation Harms China — Not Its Trading Partners
byAmericans are being told that China’s currency manipulations are causing harm to its trading partners, America being the main victim. Nothing could be further…
James Madison’s Essay on Money
byThe following is by James Madison, the primary author of the US Constitution and fourth president. For those who wish to get a…
Where the US dollar is heading against the Euro?
byAfter closing at 1.051 at the end of December 2016, the price of the Euro in US dollar terms settled at 1.2321 at the…
The Deflation/Inflation Debate
by“Naïve inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money.” ― Ludwig von…
From the Moneyness Blog: Electronic money will only save central banks from subjugation if it is anonymous
by50 SEK banknote issued by the Riksbank in 1960 “Do we need an eKrona?” asks Stefan Ingves, the Governor of the Riksbank, Sweden’s central bank. The…
Government Monopoly Money vs. Personal Choice in Currency
byFor more than two hundred years, practically all of even the most free market advocates have assumed that money and banking were different from…
The War on Cash: Haldane Edition
byThe Adam Smith Institute have recently published my report “Killing the Cash Cow: Why Andy Haldane is Wrong on Demonetisation” on Andy Haldane’s proposal…
Ambivalence toward Monetary Freedom is ubiquitous – Why?
byThe vast majority of people would either be up in arms or completely confused if the government suddenly said that all private bread producers…
What should be the correct money supply growth rate?
byMost economists believe that a growing economy requires a growing money stock, on grounds that growth gives rise to a greater demand for money,…