Blame the Federal Reserve

Blame the Federal Reserve

The good thing about being a policy-driven libertarian is that I don’t feel any need to engage in political spin. I can praise Democrats who do good things and praise Republicans who do good things. And...

The Federal Reserve, Inflation, and Asset Bubbles

Having been exposed to scholars from the Austrian school as a graduate student, I have a knee-jerk suspicion that it’s not a good idea to rely on the Federal Reserve for macroeconomic tinkering. In this interview from yesterday, I specifically warn that easy money can...