Daily economy news from the American Institute for Economic Research: data, stories, research, and articles touching on economics, politics, culture, education, policy, opinion, technology, markets, healthcare, regulation, trends, and much more.
“What Really Happened”
“Our ongoing financial turmoil began in the mortgage market. Real-estate loans at commercial banks grew at a remarkable 12.26 percent compound annual rate over the four-year period from the midpoint of 2003 to the midpoint of 2007.[1] The expanded volume
“The Monetary Theory”
“The Monetary Theory” Chapter 3 of: Economics as a Coordination Problem: The Contributions of Friedrich A. Hayek Gerald P. O’Driscoll, Jr. Kansas City: Sheed Andrews and MkMeel Inc., 1977.
“Monetary Nationalism Reconsidered”
“Monetary Nationalism Reconsidered” from Money and the Nation State by Lawrence H. White The Independent Institute
“Rational Expectations, Politics and Stagflation”
“Rational Expectations, Politics and Stagflation” Gerald P. O’Driscoll, Jr. Chapter 7 of: Time, Uncertainty and Disequilibrium: Exploration of Austrian Themes ed. Mario Rizzo Lexington, MA: Lexington Books, 1979.
Interest on the Debt Will Make Things Interesting
Interest on the Debt Will Make Things Interesting The San Francisco Examiner Ralph Benko
“Washington Is Quietly Repudiating Its Debts”
“Washington Is Quietly Repudiating Its Debts” Gerald P. O’Driscoll, Jr. The Wall Street Journal, August 22, 2008.
“Do We Really Need a Central Bank?” – A Talk by Steve Horwitz
Economic Liberty Lecture Series: Steve Horwitz from The Future of Freedom Foundation on Vimeo. Professor Steve Horwitz, Charles A. Dana Professor of Economics at St. Lawrence University, gave a talk entitled, “Do We Really Need a Central Bank?,” during a
“Asset Bubbles and Their Consequences”
“Asset Bubbles and Their Consequences” Gerald P. O’Driscoll, Jr. Cato Institute Briefing Papers, May 17, 2008. Via the Cato Institute
“Subprime Monetary Policy”
“Supbrime Monetary Policy” Gerald P. O’Driscoll, Jr. The Freeman: Ideas on Liberty, November 2007 Via the Cato Institute
“Money and Monetary Policy for the Twenty-first Century”
This essay challenges the conventional wisdom about money and monetary policy. The role of money in fostering prosperity is a function of the quality, as well as the quantity, of money. Inflation always harms the performance of an economy. Deflations
Two Philosophies of Money
Two Philosophies of Money: The Conflict of Trust and Authority S. Herbert Frankel New York: St. Martin’s Press/Basil Blackwell, 1977.
The Rationale of Central Banking and the Free Banking Alternative
“In the present century centralised banking systems have come to be regarded as the usual concomitant, if not one of the conditions of the attainment of an advanced stage of economic development. The belief in the desirability of central bank
A History of American Currency
A History of American Currency William Graham Sumner New York: Henry Holt and Company, 1884. Via Liberty Fund
Gold: The Protector and Creator of Jobs
Gold: The Protector and Creator of Jobs For Sound Money Hugo Salinas Price
“On the Measurement of Zimbabwe’s Hyperinflation”
“On the Measurement of Zimbabwe’s Hyperinflation” Steve Hanke and Alex Kwok Cato Journal, Vol. 29, No. 2 (Spring-Summer, 2009).
Money, Bank Credit and Economic Cycles
“The economic analysis of juridical institutions has come to the fore in recent years and promises to become one of the most fruitful spheres of economics. Much of the work completed thus far has been strongly influenced by traditional neoclassical
What You Should Know About Inflation
What You Should Know About Inflation Henry Hazlitt Excerpt provided by the Ludwig von Mises Institute Complete text found here.
“What Really Happened”
“Our ongoing financial turmoil began in the mortgage market. Real-estate loans at commercial banks grew at a remarkable 12.26 percent compound annual rate over the four-year period from the midpoint of 2003 to the midpoint of 2007.[1] The expanded volume
“The Monetary Theory”
“The Monetary Theory” Chapter 3 of: Economics as a Coordination Problem: The Contributions of Friedrich A. Hayek Gerald P. O’Driscoll, Jr. Kansas City: Sheed Andrews and MkMeel Inc., 1977.
“Monetary Nationalism Reconsidered”
“Monetary Nationalism Reconsidered” from Money and the Nation State by Lawrence H. White The Independent Institute
“Rational Expectations, Politics and Stagflation”
“Rational Expectations, Politics and Stagflation” Gerald P. O’Driscoll, Jr. Chapter 7 of: Time, Uncertainty and Disequilibrium: Exploration of Austrian Themes ed. Mario Rizzo Lexington, MA: Lexington Books, 1979.
Interest on the Debt Will Make Things Interesting
Interest on the Debt Will Make Things Interesting The San Francisco Examiner Ralph Benko
“Washington Is Quietly Repudiating Its Debts”
“Washington Is Quietly Repudiating Its Debts” Gerald P. O’Driscoll, Jr. The Wall Street Journal, August 22, 2008.
“Do We Really Need a Central Bank?” – A Talk by Steve Horwitz
Economic Liberty Lecture Series: Steve Horwitz from The Future of Freedom Foundation on Vimeo. Professor Steve Horwitz, Charles A. Dana Professor of Economics at St. Lawrence University, gave a talk entitled, “Do We Really Need a Central Bank?,” during a
“Asset Bubbles and Their Consequences”
“Asset Bubbles and Their Consequences” Gerald P. O’Driscoll, Jr. Cato Institute Briefing Papers, May 17, 2008. Via the Cato Institute
“Subprime Monetary Policy”
“Supbrime Monetary Policy” Gerald P. O’Driscoll, Jr. The Freeman: Ideas on Liberty, November 2007 Via the Cato Institute
“Money and Monetary Policy for the Twenty-first Century”
This essay challenges the conventional wisdom about money and monetary policy. The role of money in fostering prosperity is a function of the quality, as well as the quantity, of money. Inflation always harms the performance of an economy. Deflations
Two Philosophies of Money
Two Philosophies of Money: The Conflict of Trust and Authority S. Herbert Frankel New York: St. Martin’s Press/Basil Blackwell, 1977.
The Rationale of Central Banking and the Free Banking Alternative
“In the present century centralised banking systems have come to be regarded as the usual concomitant, if not one of the conditions of the attainment of an advanced stage of economic development. The belief in the desirability of central bank
A History of American Currency
A History of American Currency William Graham Sumner New York: Henry Holt and Company, 1884. Via Liberty Fund
Gold: The Protector and Creator of Jobs
Gold: The Protector and Creator of Jobs For Sound Money Hugo Salinas Price
“On the Measurement of Zimbabwe’s Hyperinflation”
“On the Measurement of Zimbabwe’s Hyperinflation” Steve Hanke and Alex Kwok Cato Journal, Vol. 29, No. 2 (Spring-Summer, 2009).
Money, Bank Credit and Economic Cycles
“The economic analysis of juridical institutions has come to the fore in recent years and promises to become one of the most fruitful spheres of economics. Much of the work completed thus far has been strongly influenced by traditional neoclassical
What You Should Know About Inflation
What You Should Know About Inflation Henry Hazlitt Excerpt provided by the Ludwig von Mises Institute Complete text found here.
