Every once in a while I get this sudden urge to smash my fist into a nestfull of Rothbardian hornets, as I did with my last blog, causing a cloud of them from the EconPolicyJournal.com hive to rush to the defense of the Queen Wasp. As the…
While I was debating Lord Skidelsky in London yesterday, Milton Friedman's son David posted this response to Lew Rockwell's assertion that his father "is almost nobody outside of mainstream economics." David's reply has elicited many responses, including a few referring to yours truly not, thank goodness, as…
Over at his recently established blog "Uneasy Money," David Glasner has a post on "Gold and Ideology." (He has started fast out of the gate, writing prolifically; I hope he doesn't burn out, but there's a lot to write about when the subject is money.) He claims…
Here are what I consider the most important gaps in our current knowledge of free banking. Free banking and monetary equilibrium. George Selgin has provided the base on which future inquiry will be built. More remains to be said about the way that bank clearings signal banks…
Says the NYTs today, "On July 9, 1896, William Jennings Bryan caused a sensation at the Democratic National Convention in Chicago with his "cross of gold" speech denouncing supporters of the gold standard. Bryan went on to win the party's nomination." We should add that he lost…