Economic History
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Ludwig Erhard: Architect of a Miracle
“Erhard’s legacy was forged in the decade and a half after the war’s end. He forever answered the question ‘What do you do with an economy in ruins?’ with the simple, proven recipe: ‘Free it.’” ~ Lawrence W. Reed
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Fed Up With the Fed
“The Hamilton-Bagehot rule was superior to the modern Fed practice of flooding the markets with cheap money because it allowed insolvent firms to go bankrupt while supplying emergency loans to troubled but solvent companies.” ~ Robert E. Wright
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What Is Financial Literacy and Why Is It Important? (Video)
“On this episode of Liberty Curious, Robert Wright, historian and Senior Research Faculty at AIER, joins Kate Wand to discuss his new book: Fearless: Wilma Soss and America’s Forgotten Investor Movement.” ~ AIER
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4,000 Years of Failed Price Controls
“The people of ancient Eshnunna can be forgiven for not understanding why setting the price of a kor of barley at a shekel of silver was a harmful policy. Today’s policymakers, who have the benefit of history and economics, have no excuse.” ~ Jonathan Miltimore
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Polycentric Voluntarism Unbound: The Case for Nano Nonprofits
“By restoring the ability of its citizens to solve their own problems in their own ways, the American nation will remain imperfect, but a far better place than it is currently.” ~ Robert E. Wright
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Mercantilist Follies, Then and Now
“Mercantilism encouraged governments to create and prop up inefficient domestic sectors, and incentivized merchants to curry favor with governments to extract privileges from them.” ~ Samuel Gregg
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The Road to Serfdom is Paved by Conservatives
“While once at least paying lip service to limited government, fiscal prudence, and personal responsibility, conservatives now ignore the size of government and fiscal responsibility.” ~ Veronique de Rugy
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The Maldistribution of Wealth
“A system based on voluntary exchange is much more equitable than the system sought by progressives, who want to perpetuate and expand the maldistribution system where a small percentage of the population loots the rest under the guise of law.” ~ Robert E. Wright
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There Is No Such Thing As Wage-Driven Inflation
“Friedman’s pouncing on Heller has, unfortunately, had no effect on American journalists. News shows and economic commentators still repeat variants of the claim made by Heller: Rising wages will contribute to inflation.” ~ Vincent Geloso
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Price Stability First
“The best the federal government can do right now is to announce that no major policy changes will be implemented until the Federal Reserve gets inflation under control.” ~ Robert E. Wright
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•
Ludwig Erhard: Architect of a Miracle
“Erhard’s legacy was forged in the decade and a half after the war’s end. He forever answered the question ‘What do you do with an economy in ruins?’ with the simple, proven recipe: ‘Free it.’” ~ Lawrence W. Reed
-
•
Fed Up With the Fed
“The Hamilton-Bagehot rule was superior to the modern Fed practice of flooding the markets with cheap money because it allowed insolvent firms to go bankrupt while supplying emergency loans to troubled but solvent companies.” ~ Robert E. Wright
-
•
What Is Financial Literacy and Why Is It Important? (Video)
“On this episode of Liberty Curious, Robert Wright, historian and Senior Research Faculty at AIER, joins Kate Wand to discuss his new book: Fearless: Wilma Soss and America’s Forgotten Investor Movement.” ~ AIER
-
•
4,000 Years of Failed Price Controls
“The people of ancient Eshnunna can be forgiven for not understanding why setting the price of a kor of barley at a shekel of silver was a harmful policy. Today’s policymakers, who have the benefit of history and economics, have no excuse.” ~ Jonathan Miltimore
-
•
Polycentric Voluntarism Unbound: The Case for Nano Nonprofits
“By restoring the ability of its citizens to solve their own problems in their own ways, the American nation will remain imperfect, but a far better place than it is currently.” ~ Robert E. Wright
-
•
Mercantilist Follies, Then and Now
“Mercantilism encouraged governments to create and prop up inefficient domestic sectors, and incentivized merchants to curry favor with governments to extract privileges from them.” ~ Samuel Gregg
-
•
The Road to Serfdom is Paved by Conservatives
“While once at least paying lip service to limited government, fiscal prudence, and personal responsibility, conservatives now ignore the size of government and fiscal responsibility.” ~ Veronique de Rugy
-
•
The Maldistribution of Wealth
“A system based on voluntary exchange is much more equitable than the system sought by progressives, who want to perpetuate and expand the maldistribution system where a small percentage of the population loots the rest under the guise of law.” ~ Robert E. Wright
-
•
There Is No Such Thing As Wage-Driven Inflation
“Friedman’s pouncing on Heller has, unfortunately, had no effect on American journalists. News shows and economic commentators still repeat variants of the claim made by Heller: Rising wages will contribute to inflation.” ~ Vincent Geloso
-
•
Price Stability First
“The best the federal government can do right now is to announce that no major policy changes will be implemented until the Federal Reserve gets inflation under control.” ~ Robert E. Wright