Caitlin Long on Why Politics Should Stay Out of Banking
The founder of Custodia Bank discusses the future of bitcoin and banking.
The founder of Custodia Bank discusses the future of bitcoin and banking.
The FTX meltdown, "Operation Chokepoint 2.0," and a "crypto winter" have only strengthened the resolve of the enthusiasts Reason spoke with at the annual National Bitcoin Conference in Miami.
Plus: Was Gerald Ford right to pardon Richard Nixon?
Is this the new normal, and will Joe Biden pay a political price for it?
A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.
Plus: the terrible case for pausing A.I. innovation
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion about bank runs, the Fed, and bitcoin.
Plus: did the editors sing Happy Birthday to Adam Smith?
Plus: did the editors sing Happy Birthday to Adam Smith?
Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points.
Economists Lawrence H. White and Frederic Mishkin debate whether the Federal Reserve should be replaced with free market institutions.
The Lords of Easy Money argues that the Fed created an economy with nearly irresistible incentives for foolish choices.
We’d all be better off if politicians spared us their experiments in subsidies, wages, and trade.
Freeman, an early adopter of the virtual currency, gets slammed by a state that can't tolerate any use of money without its permission and knowledge.
If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
"The history of developed countries since 1970 is very discouraging about the prospects of bringing down 8 percent inflation," says Larry Summers.
The idea that the Fed has the knowledge necessary to control the economy with perfectly calibrated policies was always an illusion.
His administration has expanded deficits by $400 billion more than expected, even before we count recent spending.
The cost of shelter was up 0.7 percent in August and 6.2 percent for the year, according to the latest Consumer Price Index report.
Monetary Metals CEO Keith Weiner defends the future of gold against bitcoin podcaster Pierre Rochard.
Last week, the price of bitcoin fell to lows not seen since 2020 while a prominent stablecoin collapsed. Does this mean it was all a Ponzi scheme?
Gas prices fell in April, dragging the month's average price increases down to 0.3 percent after March's staggering climb.
With inflation running above 7 percent, we are experiencing the strongest price pressures in nearly 40 years.
But also be thankful that Americans have been spared the worst of soaring food costs.
Friday A/V Club: In 1992, it was a paramilitary America Firster who wanted to #MintTheCoin.
For now, the side that wants less cryptocurrency regulation and taxation lost.
Monetary policy can't work optimally until we free up the economy in other important ways.
Prices are up all over the economy. Here are scenarios about what might happen next.
Chairman Jerome Powell says the Fed will look into the "benefits and risks" of a digital dollar.
The short-term inflation outlook isn't as grim as it looks, but the long-term situation could be awful
Fiscal hawks have been sounding the alarm about rising debt levels for decades, but their nightmare scenario of runaway inflation hasn't come to pass. How do we know if this time is different?
Will Ecuador make the same mistake Venezuela already suffered through with dedollarization?
The government is doing what it can to help out Big Money.
Western countries aren’t immune to the siren call of surveillance via commerce-tracking.
In the past, the federal government has sent everyone checks to stimulate the economy. But paying for all the losses that come with a coronavirus-induced shutdown would require more novel policies.
Paired with a new round of quantitative easing, the Fed takes us back to the 2008 playbook.
Series of huge short-term loans to financial services presages a new era of "quantitative easing" and Fed balance sheet growth
It’s all part of the international push by officials to monitor the public. You’re next.
Milton Friedman once said that "money is much too serious a matter to be left to the central bankers." He was right. Still, we should ensure the Fed isn't being swayed by partisan interests.
Regulators hate Facebook's proposed "Libra” currency. They may kill it. But they can't kill Bitcoin so easily.
A new book aims to chronicle the digital currency's ideological origins.
Listen to economists Saifedean Ammous and George Selgin face off at the Soho Forum.
Watch economists Saifedean Ammous and George Selgin face off at the Soho Forum.
Fed governors like Herman Cain or Stephen Moore are likely to want to goose short term apparent prosperity to help the president politically. That's a bad idea.
Q&A with economist Veronique de Rugy.
Trump worries that the Fed chief's predictable interest rate policy could impair the economic growth needed to make his tax policies viable.