Central Banking
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The Fed Reverses Course (Video with Edward Stringham)
The Federal Reserve is preparing to cut interest rates for the first time in a decade because it sees a cooling global economy and no sign of overheating in the jobs market at home. AIER President Edward Stringham joins Bloomberg to give his insight.
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The Choice of Christine Lagarde for the ECB
Lagarde’s experience as a policy-maker and clear communicator may prove very successful.
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Will the Fed Save Us from Trade War? (Video of Ed Stringham on Yahoo Finance)
The Fed chairman insists that the central bank will make independent decisions but there is no way fully to insulate monetary policy from politics.
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A Currency Upheaval Is Coming
If the managers of the dollar instead seek isolation, protection, sanctions, blacklisting, and devaluation, powerful market forces will continue to seek alternatives.
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Central Banks Contribute to Inequality
Under a loose-money regime, the powerful get the new money first.
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Central Banking Is Central Planning
The long history of central banking, and especially over the last 100 years of paper monies and out-of-control government deficit spending partly funded by “monetization” of the debt, has more than clearly demonstrated that the epoch of modern central banking needs to come to an end.
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The Dangers of Negative Interest Rates and a Cashless Economy
Interest rate manipulations by central banks through monetary policy are similar to price controls on other goods.
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It’s a Snap to Abolish the Fed
Wouldn’t the world fall apart? Not at all. I predict that the news would be front page for the usual 48-hour news cycle and then the world would move on. No big deal. There is no downside. And a huge upside. All it requires is some political courage.
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Two Treatises On Competitive Currency and Banking by Lysander Spooner (full text), edited by Phil Magness
By making these lost Spooner treatises available again after more than a century in seclusion, it is my hope that they will both further our historical understanding of the time in which they were written and offer relevant insights to the evolution of economic ideas in the present day.
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Free Societies Don’t Need the Fed’s Managers
The public discourse concerning the state of the financial system that once took place in trade associations and committees of concerned citizens has disappeared, replaced by a cold and sterile managerialism practiced by an insular and self-perpetuating macroeconomic elite.
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•
The Fed Reverses Course (Video with Edward Stringham)
The Federal Reserve is preparing to cut interest rates for the first time in a decade because it sees a cooling global economy and no sign of overheating in the jobs market at home. AIER President Edward Stringham joins Bloomberg to give his insight.
-
•
The Choice of Christine Lagarde for the ECB
Lagarde’s experience as a policy-maker and clear communicator may prove very successful.
-
•
Will the Fed Save Us from Trade War? (Video of Ed Stringham on Yahoo Finance)
The Fed chairman insists that the central bank will make independent decisions but there is no way fully to insulate monetary policy from politics.
-
•
A Currency Upheaval Is Coming
If the managers of the dollar instead seek isolation, protection, sanctions, blacklisting, and devaluation, powerful market forces will continue to seek alternatives.
-
•
Central Banks Contribute to Inequality
Under a loose-money regime, the powerful get the new money first.
-
•
Central Banking Is Central Planning
The long history of central banking, and especially over the last 100 years of paper monies and out-of-control government deficit spending partly funded by “monetization” of the debt, has more than clearly demonstrated that the epoch of modern central banking needs to come to an end.
-
•
The Dangers of Negative Interest Rates and a Cashless Economy
Interest rate manipulations by central banks through monetary policy are similar to price controls on other goods.
-
•
It’s a Snap to Abolish the Fed
Wouldn’t the world fall apart? Not at all. I predict that the news would be front page for the usual 48-hour news cycle and then the world would move on. No big deal. There is no downside. And a huge upside. All it requires is some political courage.
-
•
Two Treatises On Competitive Currency and Banking by Lysander Spooner (full text), edited by Phil Magness
By making these lost Spooner treatises available again after more than a century in seclusion, it is my hope that they will both further our historical understanding of the time in which they were written and offer relevant insights to the evolution of economic ideas in the present day.
-
•
Free Societies Don’t Need the Fed’s Managers
The public discourse concerning the state of the financial system that once took place in trade associations and committees of concerned citizens has disappeared, replaced by a cold and sterile managerialism practiced by an insular and self-perpetuating macroeconomic elite.