Archive for Kurt Schuler
The Failure of Central Banking in Developing Countries
Mr. Schuler is an economist in Arlington, Virginia. Twenty-five years ago, most of the world’s currencies were linked to the dollar by fixed or pegged exchange rates. (I will explain those terms later.) The system was known as the Bretton Woods system, named after the New Hampshire town where an international monetary conference establishing the [...]
1Apr1995 | Kurt Schuler | 0 comments | ContinuedDeposit Insurance Deja Vu
Kurt Schuler is a graduate student in economics at the University of Georgia. The mess in the savings and loan industry is the worst thing to happen to the American banking system since the Great Depression. As an indication of how severe the problem is, government estimates of the cost of bailing out bankrupt savings [...]
1Jul1989 | Kurt Schuler | 0 comments | Continued-
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JPMorgan Chase and Casino Banking
JPMorgan Chase & Co., one of the nation’s leading banks, revealed in May that a London trader racked... Read More
Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More
JPMorgan’s Blunder Is No Market Failure
I am not going to try to defend JPMorgan Chase for its recent, widely reported financial blunders. ... Read More
For Equality; Against Privilege
This TGIF originally ran July 7, 2006. The freedom philosophy can be boiled down to two phrases: for... Read More
