Monday, 27 March 2017

Monthly Archives April 2015

Greece: Down and probably out

April 28, 2015

This piece was originally published in Globe Asia, April 2015. By Dr. Steve H. Hanke Led by the charismatic Alexis Tsipras, the Syriza party took office in Athens on January 26th. The most prominent member of the new Prime Minister’s cabinet is Yanis Varoufakis, the Finance Minister. He is an economics professor, with a complete […]

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Op-ed: Is central banking the problem or the solution?

April 27, 2015

Monetary policy: it doesn’t make headlines like drone stikes or police militarization, but it really should. Considering how much the decisions of central bankers affect the global economy, it makes little sense that candidates and politicians are not regularly questioned about their approach to monetary policy. In an op-ed published last Friday in The Hill, […]

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Sound Money Fellow named Chief Economist of Senate Banking Committee

April 22, 2015

The Atlas Network’s Sound Money Project is proud to announce that Dr. Thomas L. Hogan has accepted an appointment as Chief Economist of the Senate Banking Committee. Although this means that he will be stepping down from his role as a SMP Fellow, we could not be more excited to have such a talented and committed free-banker […]

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Op-ed: Status quo on housing finance keeps failed system in place

April 21, 2015

The following is an excerpt from a piece by Norbert Michel that was originally published by Forbes. The status quo. It’s a powerful force in Washington, D.C. No matter how destructive or inefficient an existing program, institution or system may be, it’s always safer for politicians to maintain the status quo rather than meaningfully change […]

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The Taylor Rule and the natural rate of interest

April 20, 2015

A few weeks ago I commented on whether or not the Market Monetarist position that a 5% growth rate of NGDP (before the subprime crisis) could have been too much. The main point was that other nominal variables did not behave in accordance to what would expected in monetary equilibrium. Because other widely used measures, […]

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Tax Day targets currency

April 15, 2015

Today is Tax Day. Across the country, individuals are scrambling to file their tax returns, enjoying discounts from various restaurant chains and (if they’re libertarians) posting lengthy Facebook statuses that outline why taxation is theft. While it’s easy to argue against our current tax code, claiming that there should be no taxation at any level is […]

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