Tag: Federal Reserve

Confession of a Bitcoin Skeptic

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There are two things all libertarians love: Bitcoin (the greatest thing since sliced bread) and Nikola Tesla (the man who invented sliced bread). While I have nothing against either of them, I think some people can get carried away. Libertarians are a pretty tolerant bunch, but I dare only voice concerns about one sacred cow at time. … Continued

The Real History of the Fed: Why It Didn’t Take a Miracle (Or a Conspiracy!) to Pass

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The following is a guest post by Steven Horwitz, Charles A. Dana Professor of Economics at St. Lawrence University. Perhaps because money and finance are among the most complex and obscure parts of economics, a variety of cranks and conspiracy theorists have historically aimed their arguments against any number of monetary institutions and practices.  In the last hundred … Continued