Free Markets

Wednesday, June 27th, 2012
To go along with the previous post which points out that Total Factor Productivity growth has decreased in the era of pure fiat money, here is a reminder: Low productivity is bad.
Monday, June 25th, 2012
by [A lecture delivered at the Gold and Monetary Conference, New Orleans, November 10, 1977. It made its first appearance in print in the Journal of Libertarian Studies, Volume 3, Number 1.]
Tuesday, June 12th, 2012

It is not enough to encourage enterprise and limit regulation—we need a fixed system of value.

By James Grant

Friday, May 25th, 2012
Here at Sound Money we may sometimes leave the impression that we are demanding a Gold Standard. This is not true.
Friday, January 20th, 2012

If the State is so resourceful, why does it need to borrow and tax so much?

Wednesday, March 23rd, 2011
"Why is the American economy plagued by recessions?
Friday, September 10th, 2010
Earlier this summer George Soros and some leading Keynesian economists criticized what they regarded as Germany's overly strict fiscal discipline. Yet Germany's real output expanded at a robust 9% annual rate in the second quarter, while the U.S. economy grew at an anemic 1.6% rate.
Wednesday, July 14th, 2010
"When a little over two years ago, at the second Lausanne Conference of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money, unless we took from government the monopoly of issuing money and handed it over to private industry, I took it o
Wednesday, June 30th, 2010
"I, Pencil, simple though I appear to be, merit your wonder and awe, a claim I shall attempt to prove.
Thursday, April 22nd, 2010
"In a confrontational and much-needed article, Prof. William Anderson launched a counter-attack against mainstream academic economists' refusal to consider seriously the Austrian School's theory of money.
Wednesday, April 21st, 2010
"Money is the most important commodity in an economic system Indeed, money 'makes the world go 'round.' This is because money is the general medium of exchange. We sell our products and services for money, and then use it to buy the products and services of others.
Tuesday, April 20th, 2010
Free markets depend on truth telling. Prices must reflect the valuations of consumers; interest rates must be reliable guides to entrepreneurs allocating capital across time; and a firm's accounts must reflect the true value of the business.
Monday, March 29th, 2010
"Big banks are bad for free markets.
Wednesday, March 10th, 2010
"Let me say first that I believe in the benefits conferred by the free market as strongly as anybody in this country: nobody, anywhere, has yet devised a way of organising economic activity which comes close to the free market as a way of efficiently producing the goods and services which people wan
Wednesday, March 10th, 2010
"Economists do not agree about how monetary policy affects the economy. Different observers
Monday, January 26th, 1998

Research Reports - 1998, Issue: 02

Business-Cycle Conditions

Monday, June 9th, 1997

Research Reports - 1997, Issue: 11

Whither Exchange Rates?