The Lighthouse®
Crump, the white Democratic Party boss of Memphis, was cozy with FDR. J.B. Martin, a black business owner and local Republican Chairman, organized a multiracial rally for Roosevelts opponent Wendell Willkie. Crump fumed that Negroes might as well learn their places, and used city police to retaliate against Martin. Guess how FDRs Justice Department responded to Martins plea for legal help... READ MORE »
Judy Shelton (Wall Street Journal)
How will the central bank respond to instability in markets caused by global turmoil? The Fed might take a page from its emergency actions during the 2008 financial crisis and Covidbut such aggressive moves have serious consequences. READ MORE »
Raymond J. March (Inside Sources)
Autumn heralds the arrival of pumpkin spice and flannel shirtsand the start of the flu season. But the FDA is a about to make that a whole lot worse. Which of your go-to medicines are about to get pulled? READ MORE »
Steve H. Hanke, John Greenwood, OBE (Wall Street Journal)
The Feds huge inflationary boost to the money supply, stemming from pandemic stimulus, set the stage for what is now a sustained decline in the money supply. As a result, the economy is in real danger. Its hard to ignore the disturbing parallels with the 1987 stock market debacle. READ MORE »
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Volume 26, Issue 45: October 31, 2023
David T. Beito (AIER)Crump, the white Democratic Party boss of Memphis, was cozy with FDR. J.B. Martin, a black business owner and local Republican Chairman, organized a multiracial rally for Roosevelts opponent Wendell Willkie. Crump fumed that Negroes might as well learn their places, and used city police to retaliate against Martin. Guess how FDRs Justice Department responded to Martins plea for legal help... READ MORE »
The New Deals War on the Bill of Rights
The Untold Story of FDRs Concentration Camps, Censorship, and Mass Surveillance
The Untold Story of FDRs Concentration Camps, Censorship, and Mass Surveillance
By David T. Beito
Judy Shelton (Wall Street Journal)
How will the central bank respond to instability in markets caused by global turmoil? The Fed might take a page from its emergency actions during the 2008 financial crisis and Covidbut such aggressive moves have serious consequences. READ MORE »
Crisis and Credit Allocation
The Effect of Ideology on Monetary Policy during the Great Depression and the Great Recession
The Effect of Ideology on Monetary Policy during the Great Depression and the Great Recession
The Independent Review, Spring 2023
Raymond J. March (Inside Sources)
Autumn heralds the arrival of pumpkin spice and flannel shirtsand the start of the flu season. But the FDA is a about to make that a whole lot worse. Which of your go-to medicines are about to get pulled? READ MORE »
Steve H. Hanke, John Greenwood, OBE (Wall Street Journal)
The Feds huge inflationary boost to the money supply, stemming from pandemic stimulus, set the stage for what is now a sustained decline in the money supply. As a result, the economy is in real danger. Its hard to ignore the disturbing parallels with the 1987 stock market debacle. READ MORE »
The Midas Paradox
Financial Markets, Government Policy Shocks, and the Great Depression
Financial Markets, Government Policy Shocks, and the Great Depression
By Scott Sumner
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