My latest at the Sound Money Project is on more interest rate hikes ahead. The Bureau of Economic Analysis released its latest personal consumption…

February 2023

Dollarization has been a recent topic of discussion in countries like Argentina and Venezuela. In extreme cases, dollarization is the only way to end…
My latest for the Sound Money Project is on the recent initiatives to increase political oversight over the Fed. A strange way to reduce the…
I spent the weekend discussing work on state capacity with a group of scholars and academics. Most of the discussion focused on what state capacity is…
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The new Center for Free Enterprise (C4FE) at The University of Texas at El Paso is hosting its first Leonard E. Read Public Speaker event. We are…

January 2023

According to the Financial Times, Argentina and Brazil are about to start preparations for a common currency (in principle called Sur). If the past is…
In my latest paper with Emilio Ocampo and Alex Salter we draw three lessons from dollarization in Latin America in the 21st century. In short, the three…
June 2022 marks the third highest inflation peak since 1960.
A cost-price theory is not the same than a labor theory of value
A cost-price theory is not the same than a labor theory of value

December 2022

A cost-price theory is not the same than a labor theory of value
A cost-price theory is not the same than a labor theory of value