“Fed Bank Chief Calls for Interest Rate Hikes”

– June 4, 2010

“Thomas Hoenig, the head of the Federal Reserve Bank of Kansas City, is cementing his reputation as the best friend of savers with money in the bank. Hoenig, who has a seat on the Fed’s interest-rate committee, on Thursday called for the central bank t …

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What Financial Re-Regulation?

– June 3, 2010

“In two weeks, I am supposed to speak on a panel entitled “Financial Re-regulation.” My question is, what re-regulation? To me, re-regulation means you would reverse some step that you took toward deregulation. But the new financial reform bill does no …

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Implicit Inflation

– June 3, 2010

The problem of inflation is a major concern in economics; it gives rise to economic discoordination and affects the distribution of wealth. Among most economists, inflation is generally seen just as a sustained increase in the level of prices, and not …

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“Bernanke Continues Fight Against More Fed Scrutiny”

– June 2, 2010

“With Congress getting close to finalizing an overhaul of the nation’s financial-regulatory system, Federal Reserve Chairman Ben Bernanke weighed in against provisions in the proposed legislation that would subject the central bank to more political sc …

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Bank of Canada Raises Overnight Rate

– June 2, 2010

“The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly raised to 3/4 per cent and the deposit rate is kept at 1/4 per cent, thus …

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Crisis Risk Moves from Credit to Politics

– June 2, 2010

“The causes of the global financial crisis of 2008 were almost entirely flaws in the credit system based on leverage, exotic financial instruments, and a sharp drop in American housing prices. Just as that cycle has begun to end,  and GDP in major nati …

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Doug Bandow Reviews “Money, Markets and Sovereignty”

– June 2, 2010

“The era of laissez-faire capitalism is over, it is said, as if the era of laissez-faire capitalism ever really began. Still, globalization has helped open markets around the world. At a time of economic crisis, Benn Steil and Manuel Hinds mount a well …

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Bill Anderson on the Weak Dollar

– June 2, 2010

“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 re …

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“Sound banking saved Canada”

– June 1, 2010

“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 docume …

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“Monetary Central Planning and the State”

– May 28, 2010

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 h …

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Steve Horwitz on Monetary Equilibrium Theory

– May 28, 2010

“Professor Steve Horwitz gives a talk on Capital and Its Structure to the student of the Advanced Austrian Economics seminar in Irvington, New York.” Listen here.   Mentary Equilibrium Theory Steve Horwitz Advanced Austrian Economics Via the Foundation …

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“When Will the Eurozone Collapse?”

– May 27, 2010

“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 …

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