The Fed's Binge
Up until September, Federal Reserve Chairman Ben Bernanke effectively sterilized all his financial crisis-fueled monetary injections, either by directly trading Treasury bills for riskier financial...
View ArticleInflation Returns!
Since the financial crisis hit the country in September 2008, the White House, Congress, and Federal Reserve have responded with a combination of bailouts, federal spending, and an expansion of the...
View ArticleDid the Constitution Betray the Revolution?
Jeffrey Rogers Hummel: YES The Constitution as counterrevolution: a tribute to the Anti-Federalists. The standard American myth celebrates the Constitution as the triumphant culmination of the...
View Article45 Years, 45 Days: Did the Constitution Betray the American Revolution?
For the next 45 days, we'll be celebrating Reason's 45th anniversary by releasing a story a day from the archives—one for each year of the magazine's history. See the full list here. In Reason’s April...
View ArticleHow the Fed Got Huge
Before he became chair of the Federal Reserve, Ben Bernanke agreed with the free market economist Milton Friedman that central bank policy played a key role in making the Great Depression the most...
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