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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Financial Markets

Financial Markets, The Fed & Central Banks

Greg Ip's Voodoo Economic Journalism

Steve Horwitz/August 20, 2011December 19, 2015 /6 Comments

In a piece titled "The Republicans' New Voodoo Economics?" Greg Ip writing in The Washington Post tries to connect up the current GOP with a whole variety of what he sees as wrong-headed ideas, including those of the Austrians.  What's most frustrating about the piece is his…

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Financial Markets, Money & Politics

More on models

Kurt Schuler/June 26, 2011December 19, 2015 /5 Comments

George Selgin wrote a post on expressing ideas in words rather than mathematics. Here are my two cents of commentary. Math is useful when we want to know "how much?" How much is the U.S. economy growing? How much is the value of the dollar changing against…

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Financial Markets, Inflation & Deflation, The Fed & Central Banks

Hyperinflated Hyperinflation Reserve Concerns

Bradley Jansen/June 24, 2011December 19, 2015 /2 Comments

I am, generally, a big fan of Robert Higgs, but I have some quibbles with this analysis (though this analysis is common among other people I like). Higgs outlines his arguments in a blog post here.  His main argument is that Since late December 2008, the bank…

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Financial Markets, Free Banking

Where's My Model?

George Selgin/June 22, 2011December 19, 2015 /21 Comments

Anyone who peruses my work on free banking—or my other writings for that matter—will notice that I'm not especially inclined to express my ideas mathematically. To put the matter more positively: I prefer plain English. The preference has if anything grown more marked over time. While writing…

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Financial Markets, Free Banking, Money & Politics

Those "Other" 100 Percent Reserve Banking Advocates

George Selgin/June 8, 2011December 19, 2015 /17 Comments

(This one's especially for GPO.) In the aftermath of the U.S. banking crises of the 1930s, it became common for American economists to speak of the "inherent" instability of fractional-reserve banking and of the "perverse elasticity" of money supply in fractional-reserve banking systems. What the economists in…

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Recent Posts

  • The New Deal and Recovery, Part 12: Fear Itself
  • Fiscal Dominance and Fed Complacency
  • Joshua Greenberg on Antebellum Paper Money
  • Lawrence White on Private Gold Mints
  • The Private Mint In Economics: Evidence from American Gold Rushes (CMFA Working Paper No. 003)
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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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