A CBDC Would Not Be Money in the Sense Used in the Constitution
The latest fad in monetary policy circles worldwide is CBDC or Central Bank Digital Currency, a government-created cryptocurrency exchanged on a blockchain.
The latest fad in monetary policy circles worldwide is CBDC or Central Bank Digital Currency, a government-created cryptocurrency exchanged on a blockchain.
Natural language is a wonderful tool for communication. By using language, we humans manipulate air, paper, and pixels to transport ideas from
Bring on the education savings accounts. In March, Florida passed a comprehensive school choice framework, hot on the heels of Iowa and
Last week, China and Brazil reached an agreement to settle trades in one anothers’ currencies. Over the past 15 years, China has
According to Michael Barr, the vice chair for supervision at the Federal Reserve, Silicon Valley Bank’s failure was a “textbook case of
Jeremy Cordon is the Founder and President of Goldback Inc., which produces the Goldback currency in multiple denominations. The idea is simple,
As the deadline to file individual federal income taxes looms, some readers might wonder if they receive sufficient services in return for
Greta Thunberg is back in the news. This time, she’s protesting the installation of wind farms in Norway. Earlier this month, Thunberg
The collapse of Silicon Valley Bank has some policymakers considering expanding government deposit insurance to cover all deposits. Those advocating such a
After two worrisome months, we are finally getting some better news on the inflation front. The Personal Consumption Expenditures Price Index (PCEPI)
In one of the nation’s greatest blunders, we (that is, our representatives in Congress) decided to subsidize higher education with easy-to-get loans
No one knows who John Cowperthwaite is. No one who is not a classical liberal that is. Among that small subset of
The Biden administration has floated another bloated budget, one that will put the US national debt at $43.6 trillion by 2033, assuming
The past three years did quite a number on my once-high optimism about the future. The eagerness and ease with which governments
Is fractional-reserve banking inherently unstable? Over at National Review, Edwin Burton, a visiting economics professor at the University of Virginia, argues that
Note: An earlier version of this article appeared at Economic Forces. Anyone who has followed macroeconomic debates of the last half-century is surely