End of the honor system

If the U.S. economy is “fundamentally sound,” as Treasury Secretary Henry Paulson patriotically insisted before a Washington, D.C., housing conference last week, it’s a new kind of soundness.

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Exclusive Interview With the Hon. Steve Lonegan, Part 3

September 29, 2014

An extended interview with the Hon. Steve Lonegan, director of monetary policy for American Principles In Action"

BOOK REVIEWS

Signs Of The Gold Standard Emerging From Great Britain?

by Ralph Benko

... Given Kwarteng’s current and, likely, future importance to the world monetary discourse it really would be invaluable were he to master the arguments of Jacques Rueff, and of Lewis Lehrman, as well as those of Triffin (who shared the same diagnosis while offering a different prescription).

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The Federal Reserve System's James Narron and David Skeie, career officials with the Federal Reserve System, are two eminent historically erudite figures.  Writing in the New York Federal Reserve Bank's online publication, Liberty Street Economics, they recently provided a continuation of their valuable historical "revue," Crisis Chronicles: The Collapse of the...

BLOGS


Paul Krugman's Projection

Ralph J. Benko  |  Jul 14, 2014
On July 6th, Nobel economics laureate and Princeton Professor launched, in the New York Times, one of his occasional polemics, entitled Conservative Delusions About Inflation, against proponents of the gold standard.  Krugman Caricature under creative commons license from DonkeyHotey As usual, Prof. Krugman is, conveniently for the position he takes, beyond lopsided...
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An article headline in Saturday’s Wall Street Journalread “Rate Talk Heats Up Within The Fed.” As Journalreporters Jon Hilsenrath and Michael Derby...
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Oct 05, 2012
Key Monetary Writings
Lawrence H. White

Myth 6: A Gold Standard Amplifies Business Cycles

In response to my 2008 piece the economist Tyler Cowen (2008), on his well-known blog Marginal Revolution, wrote: My main worry...
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Kathleen M. Packard, Publisher
Ralph J. Benko, Editor

In Memoriam
Professor Jacques Rueff
(1896-1978)

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Three Gold Standard Titles for One Low Price. Only from The Lehrman Institute Store.

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