Anna Fifield is a long-time reporter on North Korean matters for the Washington Post. In a book Fifield wrote about the dysfunctional country, she noted that the U.S. dollar is the currency of exchang...
Tag: monetarism
The World Is Far Too Creative and Dynamic for the Sclerotic Planning Theory That Is ‘NGDP Targeting’
In his speeches, George Gilder regularly makes a crucial point about creativity. The latter is, among other things, what economic planners can’t account for. There’s quite simply no telling what free,...
Monetarism Imagines a World That Doesn’t Exist…And That Never Has
Last Monday Johns Hopkins economists John Greenwood and Steve Hanke penned an opinion piece for the Wall Street Journal that made a confident case for the Federal Reserve as planner of so-called “mone...