Tuesday, December 2, 2008

More from Christian Science Monitor: - Yahoo News

More from Christian Science Monitor: - Yahoo News
Can (or should) Obama be another FDR? Regarding the Nov. 24 Opinion piece, " FDR saved capitalism – now it's Obama's turn": If author Robert S. McElvaine really wants President-elect Obama to save capitalism, then he should suggest that the first

Oil tumbles below $51 a barrel - Globe and Mail
Mark Cooper from Toronto, Canada writes: I am vastly confused and I imagine many Toronto and indeed Ontario motorists must be regarding the price of gas in the GTA. The price of oil continues its downward trend and yes the price at the pumps has gone

Posner vs. Block - Lewrockwell.com
More on fractional reserve banking. Walter Block posts a response to my earlier post . He still says that borrowing money from a depositor is like selling a "square circle": it is a "logical contradiction." It’s not, as long as the contract right

The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral
An accepted article of economic faith is that failure of economic co-operation, resurgent nationalism and trade protectionism (for example, the Hawley-Smoot Act) contributed to the global financial crisis of the 1930s. The slowdown in central bank

Can the World Wait? - OpEdNews.com
“America has believed that in differentiation, not in uniformity, lies the path of progress; it has advanced human happiness, and it has prospered.” –Louis D. Brandeis Success at the World Can’t Wait (WCW) National Meeting this weekend rested

Economists predict 1% interest rate cut - This is Money
Most City economists are convinced the Bank of England will cut its official base rate by another full percentage point to a record-equalling 2% on Thursday. It follows the publication this morning of another slew of desperately gloomy economic

The Epic of Finance - American Enterprise Institute
The Ascent of Money is yet another in Niall Ferguson's series of very readable and enjoyable books. As the subtitle suggests, the book is not about money per se, but about financial development, tracing it from the earliest times to the present

Creating money out of thin air - OpEdNews.com
A: Yes, that is the most efficient way to make money. In Fact -- it is the only way to create money. That money-creation system is probably the greatest invention ever made -- it leads to the efficient creation of wealth of all kinds -- including

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