Some analyst argue that a central banking system is only necessary when an economy operates with paper money. Others think that isn't always the case.
It seems that the Swedish people are not falling for the anti-cash propaganda spewed by private bankers and Riksbank officials, Salerno writes, and are resisting the trend toward a cashless economy.
Those pursuing academic careers face the prospect of earning a precarious living as an “untenured” adjunct professor, hectically shuttling between teaching assignments at different universities and earning a meager living for their trouble.
Salerno questions the Keynesian doctrine that government spending per se raises income and promotes economic recovery.
Roth and Shapley win Nobel for work involving market design. But is it economics if it only fits specific markets?
Croatia intends to become a eurozone member by next summer, but is it a good idea? Several, including London's mayor and Poland's foreign minister, say no.
British Olympic organizers restricted ticket prices and rewarded bulk corporate purchases (but not use). They shouldn't be surprised to see so many empty seats.
European interest rates were cut by central banks in an effort to rescue the eurozone economy. But is the cut in European interest rates a last ditch effort?
Liberty and progress go hand in hand, according to The Circle Bastiat's John P. Cochran. President Taft was once known as Mr. Republican. In the present era, Cochran believes Ron Paul has taken up Taft's mantle.
The Fed met today to discuss possible further reforms. But how will the new kinder, gentler and allegedly more transparent Fed communicate to the public this momentous decision?
A staunch libertarian, presidential candidate Ron Paul has always had interesting ideas about how best to run the American economy. From Austrian economics to the gold standard and free market money, a new book outlines and defends Paul's plans.
Many states have laws on the books prohibiting anyone from making disparaging comments about a particular bank’s financial condition. This talk is thought to be outside free speech because rumors can trigger a bank run, but a recent ruling has some banks worried.
Wary depositors are hauling billions of euros our of Greek and Spanish banks, reflecting the nervous mood of the people.
Experts have been calling for the bottom of the housing market each year since the crash, and prices continue to tumble. Why? In an overwhelming number of cases, homeowners owe more on their mortgages than their houses are actually worth.
Though Roosevelt gets credit for saving the nation, Hoover was far from a 'do-nothing president.'
The recent 'tanning mom' controversy has state and local governments cracking down on tanning bed use. Is that fair?
In the wake of Facebook's poor stock market debut, is it time to start worrying about the future of publicly traded companies?
The US labor markets are enormously flexible and dynamic. So why regulate them?
Mainline universities loudly proclaim their love of online learning — and pedagogical innovation more generally — while doing everything possible to slow it.
Wealth management firms the world over are declining to open offshore accounts for Americans.