base money Archives

base money, competitive note issue, Denaltionalisation of Money, monetary rules, NGDP targeting

Banking Regulation, Economic Thought, Free Banking

Friday Flashback: Free Banking and NGDP Targeting

George Selgin/February 17, 2017June 19, 2022

(Originally appeared on June 19, 2013.) Kurt's recent post on NGDP targeting just happens to come right on time to introduce one I'd been contemplating concerning the connection between such targeting and free banking. While many readers may suppose the two things to represent alternative, if not…

monetary policy, interest rates, central banking, money supply

Monetary Policy Primer, The Fed & Central Banks

A Monetary Policy Primer, Part 1: Money

George Selgin/April 21, 2016June 19, 2022

It occurs to me that, despite the unprecedented flood of writings of all sorts — books, blog-posts, newspaper op-eds, and academic journal articles — addressing just about every monetary policy development during and since the 2008 financial crisis, relatively few attempts have been made to step back…

Alt-M

Ideas for an Alternative Monetary Future

Alt-M

Ideas for an Alternative Monetary Future

base money

Friday Flashback: Free Banking and NGDP Targeting

A Monetary Policy Primer, Part 1: Money