The Fed’s easy money policy is not a recipe for success.

America’s free-fall on the list of freest economies.

Politicians all over the world are exacerbating bad fiscal and regulatory policy with bad monetary policy.

Bad government polices make bitcoin necessary.

Can competitive currencies replace central banking?

A London central banker was refreshingly candid about the dangers of easy money.

Krugman’s wrong again, this time about the Gipper.

There is good reason to be concerned about economic stagnation.

Like John Stossel and Thomas Sowell, I’m not a big fan of the Federal Reserve. It’s not just that I’m a libertarian who fantasizes about the denationalization of money. I also think the Fed hasn’t done a good job, even by its own metrics. There’s very little doubt, for instance, that easy-money policies last decade played a major role in creating the housing […]

I’ve expressed concern about QE3 and other decisions by the Federal Reserve about monetary policy, but I have also admitted that it’s difficult to know the right monetary policy because it requires having a good idea about both the demand for money and the supply of money. But this raises a bigger issue. The only […]