Published by the Foundation for Economic Education
March 12, 2010 | Subscribe via RSS
Great editorial today on the Federal Reserve by Freeman columnist Walter Williams in the Washington Times
Jim Powell discusses Progressive Republican Theodore Roosevelt's big-government record, Gene Callahan pleads for maturity in public-policy discussions, Gerald O'Driscoll looks at the Fed's recent conduct, Steven Horwitz explains the idea of unintended consequences, Kevin Carson gazes deep into the health care system, and Joseph Stromberg takes another look at John Locke.
by Kevin Carson
by mnolan
Reviewed by George C. Leef
Reviewed by Tim Stonesifer
Reviewed by Art Carden
Reviewed by Bettina Bien Greaves
by Gene Callahan
by Steven Horwitz
by Gerald P. O'Driscoll Jr.
by Jim Powell
by Joseph R. Stromberg
by Charles Johnson
by John Stossel
by Thomas Szasz
by Burton W. Folsom Jr.
by Sheldon Richman
Comment by Carl Clegg on 18 December 2008:
Walter Williams’ recommendation that the government eliminate taxes on gold, silver and platinum transactions in order to provide people with a money substitute that is more resistant to inflation would be a step in the right direction. Inflation works to the benefit of the government because it erodes the value of government debt. Bernanke knows this and is nick-named Helicopter Ben for some comments he once made about how the government could combat deflation by simply printing money and dropping it from a helicopter. The ultimate solution is the abolish the Fed and allow the money supply to be tied to hard assets.
Comment by Amy on 5 February 2009:
I agree with Carl! And now I don’t have to type a long comment. If the Fed has those Emergency Print Money gadgets, I think that ALL citizens should have them in their homes. Go hog wild! Really make the dollar worthless. But it won’t matter cuz we’ll all have Gazillions of them!