On October 10th, Douglas Diamond and Philip Dybvig won the Sveriges Riksbank Prize in Economic Sciences, sharing...
Investing
By the start of 1948, there could no longer be any doubt: the Great Depression wasn’t coming...
In a recent Bloomberg column, former New York Fed President Bill Dudley echoes a conventional Fed narrative,...
Recently, an investment advisor and Bitcoin proponent tweeted the claim that “[f]or most of human history” the...
Senator Rob Portman (R-OH), the ranking member of the Senate Homeland Security and Governmental Affairs Committee, released...
In assessing the possibility that a severe downturn occurred at the end of WWII, I took issue...
It was supposed to be a debacle. As the Second World War drew to a close, the...
Thanks to the Roosevelt Recession, in the spring of 1938 the New Deal’s “Keynesians” finally found themselves...
Today, inflation has reached a 40-year high, in response to fiscal profligacy and accommodative monetary policy. Direct...
(Although my contributions to this series have so far been more-or-less in their proper order, this one...
