Monetary Policy

It’s an Economy, Stupid

by Sheldon Richman April 1, 1999

America's central bank has spooked the stock and bond markets again. The Dow dropped almost 150 points and the bond market slipped last week on indications that the Fed may raise interest rates if the economy doesn't "slow down." Concerned officials there have been expecting a slowdown, but it hasn't ...

Monetary Central Planning and the State, Part 28: The Chicago and Austrian Economists on Money, Inflation, and the Great Depression

by Richard M. Ebeling April 1, 1999

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...

Know Your Government

by Sheldon Richman April 1, 1999

The Federal Deposit Insurance Corporation (FDIC) has a new way to protect us and our banks. It proposes a mandatory program for insured nonmember banks called "Know Your Customer." (Member banks are presumably already under such an obligation.) This is not some friendly way for banks to serve us better. No, this is right out of Orwell. Here's what Big ...

Monetary Central Planning and the State, Part 27: Milton Friedman’s Second Thoughts on the Costs of Paper Money

by Richard M. Ebeling March 1, 1999

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...

Brazil and the Crisis of Paternalism

by Jacob G. Hornberger February 1, 1999

After the Brazilian government devalued the Brazilian real, causing the Brazilian people to lose more than 40 percent of their savings, the Brazilian authorities issued the customary line that governments follow after a devaluation. They blamed external forces for the currency debasement, in this case "the Asian currency ...

Monetary Central Planning and the State, Part 25: Milton Friedman and the Demand for Money

by Richard M. Ebeling January 1, 1999

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...

Monetary Central Planning and the State, Part 24: Milton Friedman’s Framework for Economic Stability

by Richard M. Ebeling December 1, 1998

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...

Monetary Central Planning and the State, Part 23: Henry Simons and the “Chicago Plan” for Monetary Reform

by Richard M. Ebeling November 1, 1998

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...

Monetary Central Planning and the State, Part 22: The Chicago School Economists and the Great Depression

by Richard M. Ebeling October 1, 1998

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...

Monetary Central Planning and the State, Part 21: The Keynesian Revolution and the Early Critics of Keynes

by Richard M. Ebeling September 1, 1998

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...

Monetary Central Planning and the State, Part 20: Keynesian Economics and the Hubris of the Social Engineer

by Richard M. Ebeling August 1, 1998

Part 1 | Part 2 | Part 3 | Part 4 | Part 5 | Part 6 | Part 7 | Part 8 | Part 9 | Part 10 | Part 11 | Part 12 | Part 13 | Part 14 | Part 15 ...

Clinton’s Job Performance Puzzle

by Sheldon Richman August 1, 1998

The pundits are bewildered over the public's apparently contradictory response to President Clinton during his recent troubles. Most people have a low opinion of his character. Yet at least 60 percent of those polled think he's doing a terrific job and should not resign. How can this be? Assuming the polling ...