Sound Banking
-
Bill Anderson on the Weak Dollar
“Mike Van Winkle asks Prof. Bill Anderson of Frostburg State University What is a weak dollar? And why does it matter?” Listen in here. First Principles Episode 12: The weak dollar; does it matter? Via the Foundation for Economic Education. Image by renjith krishnan / FreeDigitalPhotos.net.
-
Exonerating the Community Reinvestment Act by Steve Horwitz
In my various talks and written work on the financial crisis and the recession, I’ve taken pains to minimize the responsibility assigned to the Community Reinvestment Act for causing the high-risk loans that led to so much trouble. This point often bothers many free market types in the audience/readership who are convinced the CRA was…
-
“Sound banking saved Canada”
“In conjunction with Wall Street investment houses, lenders created the increasingly risky loans designed to help Americans realize the dream of homeownership, giving birth to such questionable practices as no or minimal down payments, no income documentation and the deferral of principal and interest payments for years on many loans — making them unaffordable when…
-
“Monetary Central Planning and the State”
The Future of Freedom Foundation has an in-depth history of the debate over a monetary central authority. Dr. Richard Ebeling offers his stunning knowledge on the subject in a 40 part series entitled “Monetary Central Planning and the State”. To read his work, here is a link to the FFF’s Freedom Daily. “Monetary Central Planning…
-
On the EU’s Bank Bailout Fund
On Wednesday, I posted a Wall Street Journal article on the EU’s plan to levy taxes on banks that would fund a bank bailout system. The article states, But the commission is adamant that the funds shouldn’t be used to pump capital into banks or for other measures that could benefit bank shareholders and creditors.…
-
“When Will the Eurozone Collapse?”
“As a long-standing critic of the concept of a single European currency, I have not rejoiced at the current problems in the eurozone that threaten the very survival of the euro. Before discussing the events surrounding the Greek debt crisis further, I must provide at least a working definition of what the word “collapse” means.…
-
The Recovery Starts With Sound Money – Judy Shelton
The willingness to work for the sake of future prosperity is a universal human quality, but people must believe there is a link between effort and reward. The euro is beset with fiscal calamities that threaten its downfall, and markets in the U.S. are roiled by uncertainty over the government’s financial regulatory legislation. But don’t…
-
Israel Kirzner on Entrepreneurship
Israel Kirzner presents an excellent piece on entrepreneurship for the students at the Advanced Austrian Economics seminar hosted by the Foundation for Economic Education. Given today’s regulation of financial markets and other steps taken to “prevent future problems” in the financial and monetary systems, perhaps it is worth questioning what happens to the entrepreneur when…
-
“EU Proposes Tax to Support Bank Crisis Funds”
“The European Commission Wednesday proposed that each European Union government levy a tax on its banks and use the proceeds to create a fund dedicated to ensuring the “orderly failure” of troubled banks. The proposal would create a European network of such funds that would follow the same rules, although the commission, the EU’s executive…
-
Budgetary Impact of Fed’s Actions During the Crisis
“Over the past several years, the nation has experienced its most severe financial crisis since the Great Depression of the 1930s. To stabilize financial markets and institutions, the Federal Reserve System used its traditional policy tools to reduce short-term interest rates and increase the availability of funds to banks, and created a variety of nontraditional…
-
Bill Anderson on the Weak Dollar
“Mike Van Winkle asks Prof. Bill Anderson of Frostburg State University What is a weak dollar? And why does it matter?” Listen in here. First Principles Episode 12: The weak dollar; does it matter? Via the Foundation for Economic Education. Image by renjith krishnan / FreeDigitalPhotos.net.
-
Exonerating the Community Reinvestment Act by Steve Horwitz
In my various talks and written work on the financial crisis and the recession, I’ve taken pains to minimize the responsibility assigned to the Community Reinvestment Act for causing the high-risk loans that led to so much trouble. This point often bothers many free market types in the audience/readership who are convinced the CRA was…
-
“Sound banking saved Canada”
“In conjunction with Wall Street investment houses, lenders created the increasingly risky loans designed to help Americans realize the dream of homeownership, giving birth to such questionable practices as no or minimal down payments, no income documentation and the deferral of principal and interest payments for years on many loans — making them unaffordable when…
-
“Monetary Central Planning and the State”
The Future of Freedom Foundation has an in-depth history of the debate over a monetary central authority. Dr. Richard Ebeling offers his stunning knowledge on the subject in a 40 part series entitled “Monetary Central Planning and the State”. To read his work, here is a link to the FFF’s Freedom Daily. “Monetary Central Planning…
-
On the EU’s Bank Bailout Fund
On Wednesday, I posted a Wall Street Journal article on the EU’s plan to levy taxes on banks that would fund a bank bailout system. The article states, But the commission is adamant that the funds shouldn’t be used to pump capital into banks or for other measures that could benefit bank shareholders and creditors.…
-
“When Will the Eurozone Collapse?”
“As a long-standing critic of the concept of a single European currency, I have not rejoiced at the current problems in the eurozone that threaten the very survival of the euro. Before discussing the events surrounding the Greek debt crisis further, I must provide at least a working definition of what the word “collapse” means.…
-
The Recovery Starts With Sound Money – Judy Shelton
The willingness to work for the sake of future prosperity is a universal human quality, but people must believe there is a link between effort and reward. The euro is beset with fiscal calamities that threaten its downfall, and markets in the U.S. are roiled by uncertainty over the government’s financial regulatory legislation. But don’t…
-
Israel Kirzner on Entrepreneurship
Israel Kirzner presents an excellent piece on entrepreneurship for the students at the Advanced Austrian Economics seminar hosted by the Foundation for Economic Education. Given today’s regulation of financial markets and other steps taken to “prevent future problems” in the financial and monetary systems, perhaps it is worth questioning what happens to the entrepreneur when…
-
“EU Proposes Tax to Support Bank Crisis Funds”
“The European Commission Wednesday proposed that each European Union government levy a tax on its banks and use the proceeds to create a fund dedicated to ensuring the “orderly failure” of troubled banks. The proposal would create a European network of such funds that would follow the same rules, although the commission, the EU’s executive…
-
Budgetary Impact of Fed’s Actions During the Crisis
“Over the past several years, the nation has experienced its most severe financial crisis since the Great Depression of the 1930s. To stabilize financial markets and institutions, the Federal Reserve System used its traditional policy tools to reduce short-term interest rates and increase the availability of funds to banks, and created a variety of nontraditional…
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