Hamilton’s Good for the Ten-Spot
I recently objected to Treasury Secretary Jack Lew’s proposed demotion of Alexander Hamilton on the ten-dollar bill. Hamilton was not …
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Alexander Hamilton: Defender of Property Rights
Treasury Secretary Jack Lew’s proposed degradation of the ten-dollar bill (read: the removal of Alexander Hamilton as the featured figure …
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Prof. Krugman: Fast and Loose with the Facts
Paul Krugman, “Killing the European Project”, NY Times, July 12, 2015: “The European project — a project I have always …
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Ecuador’s Ambassador Misses the Point: Dollarization
Ecuador’s ambassador to the U.S., Francisco Borja Cevallos, wrote a letter, “Ecuador’s Progress,” which was published in the New York …
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Why China Is in Trouble
The course of an economy is determined by the course of that economy’s money supply (broadly determined). The relationship between …
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The IMF’s Little Greek Secret
Landon Thomas, Jr. of The New York Times reports that the International Monetary Fund (IMF) might not pony up any …
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