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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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The Fed & Central Banks

Free Banking, Recommended Reading, The Fed & Central Banks

"Do We Really Need a Central Bank?"

Steve Horwitz/June 28, 2012December 19, 2015 /6 Comments

I don't believe I've shared this lecture here, so I will remedy that.  This is a talk I gave in December of 2009 at George Mason University in which I explore the history of banking in the US, the theoretical arguments against central banking, and then the…

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Economic History, Money & Politics, Recommended Reading, The Fed & Central Banks

It ain't so, Joe

Kurt Schuler/June 16, 2012December 19, 2015 /2 Comments

Commenting on the appearance of the 100th issue of the Journal of Economic Perspectives, its founding editor, Joseph Stiglitz, remarks (page 22) that a diversity of perspectives is "especially important in a field known for having certain orthodoxies—orthodoxies that dominate for a while and then fade, making…

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Commodity Money, Economic History, The Fed & Central Banks

Which is it? Both–or neither

Kurt Schuler/June 11, 2012December 19, 2015 /4 Comments

Scott Sumner writes, "I don't object to people noting that Bretton Woods had some characteristics of the gold standard; I've made that argument myself. But I wish the gold bugs would get the story straight.  Half of them seem to think the US monetary system of the 1920s wasn't really…

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

Bob Keleher's market price approach to monetary policy

Kurt Schuler/June 5, 2012December 19, 2015 /6 Comments

Robert E. Keleher died on May 27 at the age of 67. His name will be previously known to few readers of this blog, but his ideas are highly important to the current world economic situation. Bob's most significant work was Monetary Policy, a Market Price Approach,…

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

Krugman's Misreading of US Banking History

Steve Horwitz/May 14, 2012December 19, 2015 /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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Contributors

  • George Selgin
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  • Hu McCulloch
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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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