Daily Archives: June 8, 2014

The Paradox of Money

The Paradox of Money Pedro Schwartz “My provisional conclusion at the sight of this sorry spectacle is that, despite all the arguments presented by writers of a monetarist persuasion for an active monetary policy, continuous and systematic intervention by central … Continue reading

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Banks and Government

Banks and Government Arnold Kling “The political process is far from neutral with respect to banking.” Fragile By Design, by Charles W. Calomiris and Stephen H. Haber, is an important work in an important field: the history of financial institutions.1 Calomiris … Continue reading

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