A Central Bank Reckoning
“Even the best set of rules and the tightest, most targeted, narrowly circumscribed mandate won’t be enough unless central bankers are willing to emulate something akin to judicial restraint.” ~ Samuel Gregg
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Canadian Fiscal Lessons for Britain’s Fiscal Woes
“The Canadian experience suggests that it is entirely possible to enact the spending cuts that many claim are necessary to balance the announced tax cuts in Britain.” ~ Vincent Geloso
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The Private Disaster Response Alternative
“Anything the government can’t do, which is most things, the private sector can do, perhaps not perfectly, but well enough. That includes disaster relief.” ~ Robert E. Wright
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The Unquestioned Monopoly
“Despite the arguments made against monopoly and the arguments made in favor of competition, there is one monopoly that largely goes unquestioned. I’m referring, of course, to the monopoly over currency issuance.” ~ Joshua R. Hendrickson
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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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Volcker and the Great Inflation: Reflections for 2022
“Volcker’s victory over runaway inflation was not permanent, because the temptation to governments and their central banks of excessive printing, monetization of government deficits, and levying inflation taxes is permanent.” ~ Alex J. Pollock
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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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