at Sound Money Project
By Desmond Lachman AEI Online Tuesday, September 14, 2010 “The outbreak of a sovereign-debt crisis in the eurozone’s peripheral economies has been among the more important developments in the global economy in 2010. Sadly, this crisis will likely intensify in the months ahead as markets increasingly focus on the intractable solvency and competitiveness issues confronting…
By GEORGE P. SHULTZ, MICHAEL J. BOSKIN, JOHN F. COGAN, ALLAN MELTZER AND JOHN B. TAYLOR America’s financial crisis, deep recession and anemic recovery have largely been driven by economic policies that have deviated from proven fact-based principles. To return to prosperity we must get back to these principles. The most fundamental starting point is…
By Alan Reynolds — Alternative monetary systems cannot be evaluated in isolation, but only in comparison with other arrangements. The question โwhy gold?โ thus divides into two other questions. The first is โcompared to what?โ The second is โwhy not?โ ย Criticism of gold usually considers the second question first, as though a superior option was…
Byย John D. Mueller POLITICAL ECONOMY The Wall Street Journal ย Publication Date:ย September 4, 1986 Since 1971 the world has suffered two great inflations and three recessions. Hopes for a world-wide economic expansion have been interrupted once again, by an economic slowdown and the threat of a trade war. Will the world ever settle down to…
By SEAN FIELER AND JEFFREY BELL Washington’s elites are quietly preparing a post-election fiscal compromise that will fund much of President Barack Obama’s domestic spending agenda with huge tax increases. They aim to create a value-added tax and will argue that there is no alternative even though doing so will leave the United States resembling…
By Luis Tellez — Increasingly obvious perils of government debt have given rise to public concern, and even alarm. Though some people argue the alarm is exaggerated, there is a growing segment of the population that is thinking long and hard about the future of our country in ways we have not seen before. In…
REVIEW & OUTLOOK — A bipartisan swarm pounded Treasury Secretary Timothy Geithner on Capitol Hill yesterday for not doing enough to stop China’s supposed money mischief. The sessions made clear that pressure is building to impose punitive tariffs on Chinese goods if the yuan doesn’t appreciate in value. While it’s true that China’s monetary policy…
By Prof. Forrest Capie, Official Historian (Bank of England) — How can stable prices be secured so that the economy can be allowed to deliver what it is capable of? There was a time when the question simply did not arise.ย Money was tied to gold and stability prevailed. At the present time some monetary…
By Robert J. Samuelson Monday, September 20, 2010; A15 It is a ritual as predictable as the tides. With every election, we descend into sound-bite economics. Rhetorical claims grow more partisan and self-serving. We are now deep in this process. President Obama’s policies either averted another Great Depression — or have crippled the recovery. These…
Professor Emeritus of Economics at George Mason University and Nobel Laureate James M. Buchanan received the Fund for the Study of Spontaneous Ordersโ Lifetime Achievement Award at George Mason University on September 9th, 2010.ย ย The eventย was co-hosted by Fund for the Study of Spontaneous Orders at the Atlas Economic Research Foundation, Liberty Fund, George Mason…
By Desmond Lachman AEI Online Tuesday, September 14, 2010 “The outbreak of a sovereign-debt crisis in the eurozone’s peripheral economies has been among the more important developments in the global economy in 2010. Sadly, this crisis will likely intensify in the months ahead as markets increasingly focus on the intractable solvency and competitiveness issues confronting…
By GEORGE P. SHULTZ, MICHAEL J. BOSKIN, JOHN F. COGAN, ALLAN MELTZER AND JOHN B. TAYLOR America’s financial crisis, deep recession and anemic recovery have largely been driven by economic policies that have deviated from proven fact-based principles. To return to prosperity we must get back to these principles. The most fundamental starting point is…
By Alan Reynolds — Alternative monetary systems cannot be evaluated in isolation, but only in comparison with other arrangements. The question โwhy gold?โ thus divides into two other questions. The first is โcompared to what?โ The second is โwhy not?โ ย Criticism of gold usually considers the second question first, as though a superior option was…
Byย John D. Mueller POLITICAL ECONOMY The Wall Street Journal ย Publication Date:ย September 4, 1986 Since 1971 the world has suffered two great inflations and three recessions. Hopes for a world-wide economic expansion have been interrupted once again, by an economic slowdown and the threat of a trade war. Will the world ever settle down to…
By SEAN FIELER AND JEFFREY BELL Washington’s elites are quietly preparing a post-election fiscal compromise that will fund much of President Barack Obama’s domestic spending agenda with huge tax increases. They aim to create a value-added tax and will argue that there is no alternative even though doing so will leave the United States resembling…
By Luis Tellez — Increasingly obvious perils of government debt have given rise to public concern, and even alarm. Though some people argue the alarm is exaggerated, there is a growing segment of the population that is thinking long and hard about the future of our country in ways we have not seen before. In…
REVIEW & OUTLOOK — A bipartisan swarm pounded Treasury Secretary Timothy Geithner on Capitol Hill yesterday for not doing enough to stop China’s supposed money mischief. The sessions made clear that pressure is building to impose punitive tariffs on Chinese goods if the yuan doesn’t appreciate in value. While it’s true that China’s monetary policy…
By Prof. Forrest Capie, Official Historian (Bank of England) — How can stable prices be secured so that the economy can be allowed to deliver what it is capable of? There was a time when the question simply did not arise.ย Money was tied to gold and stability prevailed. At the present time some monetary…
By Robert J. Samuelson Monday, September 20, 2010; A15 It is a ritual as predictable as the tides. With every election, we descend into sound-bite economics. Rhetorical claims grow more partisan and self-serving. We are now deep in this process. President Obama’s policies either averted another Great Depression — or have crippled the recovery. These…
Professor Emeritus of Economics at George Mason University and Nobel Laureate James M. Buchanan received the Fund for the Study of Spontaneous Ordersโ Lifetime Achievement Award at George Mason University on September 9th, 2010.ย ย The eventย was co-hosted by Fund for the Study of Spontaneous Orders at the Atlas Economic Research Foundation, Liberty Fund, George Mason…
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