Archive for Fred E. Foldvary

Fred Foldvary is a lecturer in economics at Santa Clara University.

Central Banking Beats Free Banking?

In “More Bits on Whether We Need a Fed,” a November 21 Marginal Revolution blog post, George Mason University economics professor Tyler Cowen questions “why free banking would offer an advantage over post-WWII central banking (combined with FDIC and paper money).” He adds, “That’s long been the weak spot of the anti-Fed case.” Free banking [...]

23Mar2011 | Fred E. Foldvary | 3 comments | Continued

Free Banking Beats Central Banking

The case for free banking is similar to the case for healthy living. It’s better to prevent economic illness than to have to treat it.

18Jan2011 | Fred E. Foldvary | 25 comments | Continued

Enron and the Law of the Market

People will learn lessons from the collapse of Enron. Some of these will be the wrong lessons. Critics of markets claim that the Enron debacle shows how “capitalism” is defective and proclaim that the government should increase the regulation of corporations and financial markets. There does need to be a change in government policy, but [...]

1May2002 | Fred E. Foldvary | 0 comments | Continued

Government and Governance

Dr. Foldvary is the author of Public Goods and Private Communities: The Market Provision of Social Services (Edward Elgar, 1994). He teaches economics at California State University, Hayward. Policy debates typically center around the role of markets versus the role of governments. But this is a misleading distinction. Human society always has governance. Private organizations [...]

1Jan1997 | Fred E. Foldvary | 1 comment | Continued

Private Means, Public Ends: Voluntarism vs. Coercion

Do you have friends who are socialists? Show them Robert Zimmerman’s chapter, “New York’s War Against the Vans” in Private Means, Public Ends. Zimmerman shows private enterprise efficiently providing much-needed transportation, while the city transit police block passenger pickup, issue summonses, and otherwise harass van operators and passengers. If government is needed to provide such [...]

1Nov1996 | Fred E. Foldvary | 0 comments | Continued

Is the Free Market Ethical?

A market free of coercion is on firm moral ground.

1Apr1978 | Fred E. Foldvary | 3 comments | Continued
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