The Federal Reserve System at 100
Today is the 100th anniversary of the Federal Reserve Act. In this talk I discuss how the Fed has done over the past century.
Today is the 100th anniversary of the Federal Reserve Act. In this talk I discuss how the Fed has done over the past century.
Here's audio of a talk I gave at CEVRO Institute in Prague earlier this month. https://www.youtube.com/watch?v=rQTaqOFh-bA
In a blog post yesterday, entitled “Friedman and the Austrians” , Paul Krugman quotes Milton Friedman’s charge that in the “London School (really Austrian) view,” i.e. the view held by F. A. Hayek and Lionel Robbins, the depression was an inevitable result of the prior boom, that…
I interviewed Prof. Hugh Rockoff of Rutgers University for the latest installment of the Econ Journal Watch Audio podcast. We chat about his research on episodes of lightly regulated banking, and his take on others' research. Along the way we discuss Milton Friedman's views on free banking,…
I have a book review now up on reason.com of Bernard Lietaer and Jacqui Dunne's Rethinking Money: How New Currencies Turn Scarcity Into Prosperity. I wanted to like the book more, because I too like alternative currencies. Unfortunately Lietaer and Dunne make some very crankish arguments, suggesting…