President Kennedy was not assassinated for being anti-Fed. I don't know how much more clearly that can be said. His death on November 22nd, 1963 was a sad tragedy, but it had nothing to do with any stupid and baseless Executive Order silver certificate conspiracy. Baseless conspiracy…
I think I posted this when it came out earlier this year, but if not, here's a study I did for Mercatus that is intended as an introduction to US monetary policy, including some history, some theory, some policy, and some discussion of alternative institutional arrangements. I…
An "idiot savant" is, according to my Webster's New Collegiate Dictionary, "a mentally defective person who exhibits exceptional skill or brilliance in some limited field." So what's the term for an otherwise intelligent person who exhibits exceptional idiocy in some limited field? Well, I don't know the…
Commenters on many blogs, this one included, often seem to labor under the mistaken notion that they are going to change everyone’s mind. Even leaving aside that on controversial subjects, many comments are mere tired sarcasm and tedious ranting, there are deeper reasons why you will not…
A few posts ago I briefly mentioned the history of free banking in India and how it ended. Here is an old online book that discusses banking in the free banking period, though it focuses on the three largest banks, known as the presidency banks, and has…