by Dan Mitchell | Sep 15, 2012 | Blogs, Economics, Monetary Policy
I posted this t-shirt about Bernanke’s easy-money approach a couple of days ago, but I should have waited ’til today since it would be a perfect accompaniment to any analysis of the Fed Chairman’s unveiling of QE3. But given the potential economic consequences, I...
by Dan Mitchell | Jun 6, 2012 | Blogs, Economics, Keynesian
Writing in yesterday’s Washington Post, former Obama economist Larry Summers put forth the strange hypothesis that more red ink would improve the federal government’s long-run fiscal position. This sounds like an excuse for more Keynesian spending as part of another...
by Dan Mitchell | Apr 8, 2012 | Blogs, Economics, Monetary Policy
Ron Paul has made “End the Fed” a popular slogan, but some people worry that this is a radical untested idea. In part, this is because it is human nature to fear the unknown. But there are plenty of examples of policy reforms that used to be considered radical but are...
by Dan Mitchell | Mar 1, 2012 | Blogs, Monetary Policy
I’ve linked before to Professor George Selgin’s masterful video on the Federal Reserve’s horrible track record, and I’ve done my own video on the origin of central banking. These types of posts often generate questions about what reforms we should support, and a lot...
by Dan Mitchell | Feb 25, 2012 | Blogs, Monetary Policy
Nothing compares to the depth and substance of Professor George Selgin’s scholarly take-down of the Federal Reserve, but this video by a local libertarian has a very authentic feel. Julie lists 10 reasons to dislike the Fed. 1. The Fed has too much power. 2. The...
