Alex Chafuen
-
The immorality of today’s monetary policy
I have been reading Buying at the Point of Maximum Pessimism (FT Press, 2010), by Scott Phillips. Before introducing his “six value investment trends” he devotes close to 100 pages to describe what went wrong in the US economy. When he addresses current inflationary policies, he states “Technology is amazing: a policy maker’s ability to…
-
Europe Jumps Off the Keynesian Bus — WSJ
By ALLAN H. MELTZER — President Obama is the victim of bad advice and misinformation. From his advisers, the Democratic caucus and the New York Times, he hears that markets have failed and the country needs more government spending to increase consumer spending. He is told that any plan to reduce government spending and the…
-
Norman Macrae, Sound Money and the IEA
“For me, the most convincing has been the most radical number 70, by the Nobel Prize -winner Professor F. A. Hayek, which advocated the Denationalization of Money”
-
Inflation: The view from Canada
Congratulations to the Molinari Institute in France for paying attention to sound money and posting Inflation, the Underrated Destroyer of Prosperity a speech by Maxime Bernier, MP for Beauce (Canada), before the Economic Club of Toronto on June 8, 2010
-
Sound Money and a Secure Free Society
Re-reading the text book that we used at Grove City College to learn about the principles of sound money, I see that another project at Atlas, our Secure Free Society Project, complements with our Sound Money Project. In Theory of Money and Credit, which Lionel Robbins regarded as the best book ever written on money,…
-
Hayek on the need to win the ideas war to bring sound money back
In the preface to one of his books, Hayek wrote that “Indeed I must admit that–although I am a convinced believer in the international gold standard–I regard the prospects of its restoration in the near future not without some concern. Nothing would be more fatal from a long run point of view than if the…
-
Hans F. Sennholz and his sound money legacy
One of the last lectures by Dr. Sennholz Hans F. Sennholz I first met Hans Sennholz in Argentina. It was 1976 or 1977 (I told part of the story on http://www.lewrockwell.com/orig4/chafuen1.html). For our classes in Monetary Economics at our beloved Grove City College, he gave us “The Theory of Money and Credit” by Mises. During…
-
De Soto’s explanation of the crisis and paper money
De Soto at the Zermatt 2010 Summit, Nicolás Michel presiding I was lucky to listen to the detailed explanation made by Hernando de Soto about how the lack of transparency of some derivatives, with no one knowing what “real” property they represent led to the crisis and might lead to a bigger crisis or stagnation…
-
More calls for Keynesian policies
Creating fears about declining M3 in order to encourage another round of monetary expansion and government spending? Take a look at http://www.telegraph.co.uk/finance/economics/7769126/US-money-supply-plunges-at-1930s-pace-as-Obama-eyes-fresh-stimulus.html . Take a look at these paragraphs written by Ambrose Evans-Pritchard: “It’s frightening,” said Professor Tim Congdon from International Monetary Research. “The plunge in M3 has no precedent since the Great Depression. The…
-
Hayek on Sound Money
Great quote by Hayek: “With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.”
-
The immorality of today’s monetary policy
I have been reading Buying at the Point of Maximum Pessimism (FT Press, 2010), by Scott Phillips. Before introducing his “six value investment trends” he devotes close to 100 pages to describe what went wrong in the US economy. When he addresses current inflationary policies, he states “Technology is amazing: a policy maker’s ability to…
-
Europe Jumps Off the Keynesian Bus — WSJ
By ALLAN H. MELTZER — President Obama is the victim of bad advice and misinformation. From his advisers, the Democratic caucus and the New York Times, he hears that markets have failed and the country needs more government spending to increase consumer spending. He is told that any plan to reduce government spending and the…
-
Norman Macrae, Sound Money and the IEA
“For me, the most convincing has been the most radical number 70, by the Nobel Prize -winner Professor F. A. Hayek, which advocated the Denationalization of Money”
-
Inflation: The view from Canada
Congratulations to the Molinari Institute in France for paying attention to sound money and posting Inflation, the Underrated Destroyer of Prosperity a speech by Maxime Bernier, MP for Beauce (Canada), before the Economic Club of Toronto on June 8, 2010
-
Sound Money and a Secure Free Society
Re-reading the text book that we used at Grove City College to learn about the principles of sound money, I see that another project at Atlas, our Secure Free Society Project, complements with our Sound Money Project. In Theory of Money and Credit, which Lionel Robbins regarded as the best book ever written on money,…
-
Hayek on the need to win the ideas war to bring sound money back
In the preface to one of his books, Hayek wrote that “Indeed I must admit that–although I am a convinced believer in the international gold standard–I regard the prospects of its restoration in the near future not without some concern. Nothing would be more fatal from a long run point of view than if the…
-
Hans F. Sennholz and his sound money legacy
One of the last lectures by Dr. Sennholz Hans F. Sennholz I first met Hans Sennholz in Argentina. It was 1976 or 1977 (I told part of the story on http://www.lewrockwell.com/orig4/chafuen1.html). For our classes in Monetary Economics at our beloved Grove City College, he gave us “The Theory of Money and Credit” by Mises. During…
-
De Soto’s explanation of the crisis and paper money
De Soto at the Zermatt 2010 Summit, Nicolás Michel presiding I was lucky to listen to the detailed explanation made by Hernando de Soto about how the lack of transparency of some derivatives, with no one knowing what “real” property they represent led to the crisis and might lead to a bigger crisis or stagnation…
-
More calls for Keynesian policies
Creating fears about declining M3 in order to encourage another round of monetary expansion and government spending? Take a look at http://www.telegraph.co.uk/finance/economics/7769126/US-money-supply-plunges-at-1930s-pace-as-Obama-eyes-fresh-stimulus.html . Take a look at these paragraphs written by Ambrose Evans-Pritchard: “It’s frightening,” said Professor Tim Congdon from International Monetary Research. “The plunge in M3 has no precedent since the Great Depression. The…
-
Hayek on Sound Money
Great quote by Hayek: “With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.”
Newsletter
Liberty and prosperity
at your fingertips.
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact