Friday, Mar 05, 2010
Superb debunking of both modern central banks and internet conspiracy theories
The Future of Freedom Foundation: Do We Really Need a Central Bank?
Despite the extraordinary explosion of internet conspiracy theories on the subject, there are "serious, subsbstantive, informed criticisms of the Fed"
This lecture is a superb exposition of very sound academic arguments against modern central banking.
If the explosion in conspiracy theories has helped get the previously-boring subject of monetary economics into the public arena, this lecture matures the debate away from the crazies and makes it a grown-up, relevant subject that all can understand. I found it most refreshing and am glad to share this discussion of the modern cause of boom and bust with you.
Posted by sneaker @ 10:37 PM (653 views) Add Comment
2 Comments
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1. devo said...
this lecture matures the debate away from the crazies
how are you defining 'crazies'?
2. nickb said...
the Future of Freedom Foundation? Looks like a crackpot free market think tank... aligned with a bunch of neocon and climate change denying think tanks. No thanks.