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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Economic History

Economic History, Financial Markets, Money & Politics, The Fed & Central Banks

Krugman's Misreading of US Banking History

Steve Horwitz/May 14, 2012June 19, 2022 /9 Comments

In his NY Times column Sunday, Paul Krugman tries, in vain, to construct a case for bank regulation in light of the problems at JP Morgan. As usual with Krugman, there’s much to disagree with, but I want to focus on his utterly ham-handed version of the…

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Economic History, The Fed & Central Banks

"Why Was the Fed Created?"

George Selgin/March 3, 2012June 19, 2022 /13 Comments

Was the subject assigned to me for my "Tea Lecture" to congressional staffers last week. The lecture is one of a series being sponsored by Ron Paul's office. The true story of the Fed's origins needs to be more widely known, so please do pass it on!

Commodity Money, Economic History, Free Banking, Money & Politics

Don't Blame Gold for the Great Depression–Blame the Brits!

George Selgin/February 28, 2012June 19, 2022 /6 Comments

That's the sort of title I wanted City A.M., a free-market-oriented London financial daily, to give to this opinion piece arguing that "the gold standard" wasn't to blame for the Great Depression. Anything to get British readers' attention. But no dice: I guess they thought it a…

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Commodity Money, Economic History

Golden years

Kurt Schuler/February 23, 2012June 19, 2022 /19 Comments

David Glasner and Scott Sumner recently wrote good posts on the gold standard. In my next post I will try to put the issues in a larger context, but for the moment I will take a narrower, scattershot approach of responding to some criticisms of the gold…

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Commodity Money, Economic History, Free Banking

More on the gold standard, with regret

Kurt Schuler/February 11, 2012June 19, 2022 /6 Comments

I regret taxing readers’ patience with another post on the gold standard. As I and other bloggers here have made clear, a free banking system need not be a gold standard system. If people want the standard to be gold, that’s what free banks will offer to…

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Categories

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Recent Posts

  • The Menace of Fiscal Inflation
  • Monetary Progress
  • Paul Krugman and the "Ersatz" Theory of Private Currencies
  • The New Deal and Recovery, Part 18: The Recovery So Far
  • Should the Fed Devalue Our Currency to Implement Negative Interest Rates?
  • Populism and the Future of the Fed: A New Book from Cato’s Center for Monetary and Financial Alternatives
  • Revising the Bank Secrecy Act to Protect Privacy and Deter Criminals (CMFA Working Paper No.007)

Recent Comments

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  • Max Hydrogen on The Menace of Fiscal Inflation

About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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