asset bubbles, Great Recession, inflation targeting, monetary policy, NGDP targeting

In the first, 1922 edition of Money, his own now-classic primer on monetary economics, the great Dennis Robertson included a chapter he called "Money in the Great Muddle," about the blow World War I dealt to England's once (relatively) rock-solid monetary system, and to other monetary arrangements…

classical liberalism, David Hume, Nicolas Oresme, sound money, William Cobbet

Alt-M contributor Larry White gave the 4th annual Liggio Lecture on September 24 at Atlas Network’s annual Liberty Forum in Miami. Atlas established the lecture in honor of their late vice president of academics, Leonard Liggio (1933-2014), an esteemed classical liberal scholar who also served as President of the Mont…