This morning Justin Merill alerted me, via Facebook, to a recent episode of The Tom Woods Show titled “Against Market Monetarism and NGDP Targeting.” The episode consists of an interview with Austrian monetary economist Joe Salerno, in which Salerno takes issue with Market Monetarists and, especially, with…
Our friend Bernard von NotHaus sent out an email yesterday advising everyone who had their Liberty Dollars confiscated by the Feds to petition to get them back. Larry White offered Congressional testimony on the issue; read about it in his post here praising currency competition. Also, Kurt Schuler posted…
As if to get my work week off to rotten start, my otherwise good pal Don Boudreaux greeted me first thing Monday morning with a link to Robert Samuelson's Sunday evening Washington Post op-ed on "The Folly of Fed Bashing." In it, Samuelson takes the Fed's conservative…
Over at Atlas's Sound Money Project, Cato Adjunct Scholar (and Larry White student) Will Luther tells us what "Sound Money" means to him. A sample: For me, the important aspects are the ability to facilitate exchange—which any money will do but some might do better than others—and…
Find them here. My next post will finally address Mike Sproul on the "backing" theory. I have been delayed because I have been working on several small monetary history projects, offering comments on research by others and doing some research myself.