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FDR’s Failed New Deal and Biden’s Retread

February 17, 2021 by Richard Schulman 2 Comments

Government policies mandating elevated wage rates during the Great Depression priced millions of poor people out of work for the duration of the 1930s. Now the Biden administration, having learned nothing, is determined to repeat FDR’s disaster, even down to the “New Deal” name and its “100 Days.” by Richard Schulman Biden’s New Deal and […]

Filed Under: Economics  Tagged: adjusted real wages, Franklin Delano Roosevelt, George Selgin, Lowell E. Gallaway, New Deal, Richard K. Vedder

Cato monetary conference calls for Fed reforms and alternatives

December 15, 2019 by Richard Schulman Leave a Comment

by Richard Schulman The annual Cato Monetary Conference is arguably the most important regular event for discussing new ideas about central bank policy and monetary reform. Despite this status, this year’s conference received no media coverage. The editors of mainstream media, who determine what does and doesn’t get covered in the daily press, apparently give […]

Filed Under: Monetary policy  Tagged: Charles Calomiris, currency boards, George Selgin, Steve Hanke

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