at Sound Money Project
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“But while capitalism may be a convenient scapegoat, it did not cause any of these problems. Indeed, whatever one wishes to call the unruly mixture of freedom and government controls that made up our economic and political system during the last three decades, one cannot call it capitalism. Take a step back. In the lead…
โข
“Rep. Scott Garrett (R-NJ) is calling on Treasury Secretary Timothy Geithner to clarify the uncertainty surrounding the status of the GSE debt; specifically, whether the corporate debt issued by Fannie and Freddie is considered sovereign debt.” Read more. “Garrett Demands Further Answers from Geithner Regarding GSE Debt” Press Release, March 23, 2010. Via Congressman Scott…
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Our friends at theย GMU Economics Society & the Future of Freedom Foundation invite you to the last installment of the Economic Liberty Lecture Series of this year with Dr. Richard Ebeling. Dr. Ebeling will be speaking on “America’s New Road to Serfdom — and the Continuing Relevance of Austrian Economics” Economic Liberty Lecture Series —…
โข
“The new requirements form part of new guidance from the Office of Fair Trading (OFT) to counteract irresponsible lending. ‘[We] expect all consumer credit businesses to fully comply with both the word and spirit of this guidance,’ the OFT said. The regulator can ultimately suspend a lender’s consumer credit licence.” Read more. ย “Irresponsible lending…
โข
“The unemployment rate in the euro area inched up to touch double digits in February, while inflation accelerated more than economists had forecast, probably a result of higher food and oil prices, according to data released Wednesday. Eurostat, the European Unionโs statistics agency, said that seasonally adjusted unemployment in the 16 nations that use the…
โข
“The Seigniorage Curse appears to hollow out the economy by the following manner: First, the premium charged to holders of dollars becomes a new source of accrued, aggregate revenue. This extra capital flowing into the economy is initially seen as a global honoring of our economyโs strength, and innovation. But when innovation falters and less…
โข
“Alan Greenspan, Ben Bernanke, and the rest of the crew running economic policy somehow could not see the housing bubble as it grew to more than $8tn. It really should have been hard to miss. Nationwide house prices had just tracked overall inflation for 100 years from 1895 to 1995. Suddenly in 1995, coinciding with…
โข
“Chinese economists and business leaders have begun to call openly for their government to allow the yuan to appreciate against the dollar, in a sign that the issue is contentious here, too, and not just a problem between the United States and China. President Obama has urged China to let the value of the yuan…
โข
“Big banks are bad for free markets. Far from being engines of free enterprise, they are conducive to what might be called ‘crony capitalism,’ ‘corporatism,’ or, in Jonah Goldberg’s provocative phrase, ‘liberal fascism.’ There is a free-market case for breaking up large financial institutions: that our big banks are the product, not of economics, but…
โข
A few weeks ago, I wrote a piece on the effect the new healthcare bill will have on your money, namely, the inflation that will result when the new system begins to run over the budget. This week, Iโd like to address a few of the reasons why I believe that the expenses will be…
โข
“But while capitalism may be a convenient scapegoat, it did not cause any of these problems. Indeed, whatever one wishes to call the unruly mixture of freedom and government controls that made up our economic and political system during the last three decades, one cannot call it capitalism. Take a step back. In the lead…
โข
“Rep. Scott Garrett (R-NJ) is calling on Treasury Secretary Timothy Geithner to clarify the uncertainty surrounding the status of the GSE debt; specifically, whether the corporate debt issued by Fannie and Freddie is considered sovereign debt.” Read more. “Garrett Demands Further Answers from Geithner Regarding GSE Debt” Press Release, March 23, 2010. Via Congressman Scott…
โข
Our friends at theย GMU Economics Society & the Future of Freedom Foundation invite you to the last installment of the Economic Liberty Lecture Series of this year with Dr. Richard Ebeling. Dr. Ebeling will be speaking on “America’s New Road to Serfdom — and the Continuing Relevance of Austrian Economics” Economic Liberty Lecture Series —…
โข
“The new requirements form part of new guidance from the Office of Fair Trading (OFT) to counteract irresponsible lending. ‘[We] expect all consumer credit businesses to fully comply with both the word and spirit of this guidance,’ the OFT said. The regulator can ultimately suspend a lender’s consumer credit licence.” Read more. ย “Irresponsible lending…
โข
“The unemployment rate in the euro area inched up to touch double digits in February, while inflation accelerated more than economists had forecast, probably a result of higher food and oil prices, according to data released Wednesday. Eurostat, the European Unionโs statistics agency, said that seasonally adjusted unemployment in the 16 nations that use the…
โข
“The Seigniorage Curse appears to hollow out the economy by the following manner: First, the premium charged to holders of dollars becomes a new source of accrued, aggregate revenue. This extra capital flowing into the economy is initially seen as a global honoring of our economyโs strength, and innovation. But when innovation falters and less…
โข
“Alan Greenspan, Ben Bernanke, and the rest of the crew running economic policy somehow could not see the housing bubble as it grew to more than $8tn. It really should have been hard to miss. Nationwide house prices had just tracked overall inflation for 100 years from 1895 to 1995. Suddenly in 1995, coinciding with…
โข
“Chinese economists and business leaders have begun to call openly for their government to allow the yuan to appreciate against the dollar, in a sign that the issue is contentious here, too, and not just a problem between the United States and China. President Obama has urged China to let the value of the yuan…
โข
“Big banks are bad for free markets. Far from being engines of free enterprise, they are conducive to what might be called ‘crony capitalism,’ ‘corporatism,’ or, in Jonah Goldberg’s provocative phrase, ‘liberal fascism.’ There is a free-market case for breaking up large financial institutions: that our big banks are the product, not of economics, but…
โข
A few weeks ago, I wrote a piece on the effect the new healthcare bill will have on your money, namely, the inflation that will result when the new system begins to run over the budget. This week, Iโd like to address a few of the reasons why I believe that the expenses will be…
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