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M-pesa - Free Banking in Africa?

M-pesa - Free Banking in Africa?

A number of my readers have an interest in monetary reform and especially in Free Banking. In that regard developments in Kenya are in fact very interesting, but I guess little known to Free Banking theorists.

Germany 1931, Argentina 2001 - Greece 2011?

Germany 1931, Argentina 2001 - Greece 2011?

The events that we are seeing in Greece these days are undoubtedly events that economic historians will study for many years to come. But the similarities to historical crises are striking. I have already in previous posts reminded my readers of the stark similarities with the European – especially the German – debt crisis in 1931. However, one can undoubtedly also learn a lot from studying the Argentine crisis of 2001-2002 and the eventual Argentine default in 2002.

Milton Friedman on exchange rate policy #6

Milton Friedman on exchange rate policy #6

Gold standard?

80 years ago - history keeps repeating itself

80 years ago - history keeps repeating itself

Scott Sumner has a excellent post on events 80 years ago and the comparison with the situation today.

Needed: Rooseveltian Resolve

Needed: Rooseveltian Resolve

Here is Ben Bernanke (in 1999):

Twitting Market Monetarist

Twitting Market Monetarist

You will now find my blog posts at Twitter as well @MaMoMVPY

Milton Friedman on exchange rate policy #5

Milton Friedman on exchange rate policy #5

The euro – “a great mistake”

"Bernanke invites Scott Sumner for lunch"

"Bernanke invites Scott Sumner for lunch"

“Oct. 31 (Boomberg) US stock market closed sharply up after the Federal Reserve Bank announced that Federal Reserve chairman Ben Bernanke has invited Bentley University economics professor and advocate of nominal GDP targeting Scott Sumner for lunch at the prestigious Washington D.C. restaurant CityZen.

The inverse relationship between central banks' credibility and the credibility of monetarism

The inverse relationship between central banks' credibility and the credibility of monetarism

A colleague of mine today said to me ”Lars, you must be happy that you can be a monetarist again”. (Yes, I am a Market Monetarists, but I consider that to be fully in line with fundamental monetarist thinking…)

Milton Friedman on exchange rates #4

Milton Friedman on exchange rates #4

Always floating exchange rates?

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