DApp Store | Web3 Hub tapahtumille ja peleille

Trendaavat aiheet

Bonk Eco continues to show strength amid $USELESS rally

Pump.fun to raise $1B token sale, traders speculating on airdrop

Boop.Fun leading the way with a new launchpad on Solana.

BOOP+2,59 %

Boopa−1,45 %

PORK−2,32 %

George Selgin

Money and banking fallacy demolition expert. I promise not to waste our time by saying things you expect me to say.

George Selgin10 minuuttia sitten

“Oh what a tangled web we weave, when first we practice to relieve [U.S. firms from foreign competition]!”

Spencer Hakimian9 tuntia sitten

Toyota is up +8% on the news of a 15% tariff. Why? It's simple. Ford, GM, Tesla, and all the other American manufacturers are going to be paying 50% more for their steel, 50% more for their copper, 25% more for their Canadian production, 25% more for their Mexican production, and 55% on their Chinese production. Toyota only has to pay 15% more and they're done with all the shenanigans. Ford has to pay much more than that. A lot more in fact. We've given a Japanese car company an advantage over American car companies. All in hope of bringing auto jobs back to America. 0D Chess.

George Selgin12 tuntia sitten

FDIC: opposed by FDR until the 11th hour, when he realized he couldn’t stop it. CCC: great program, but tiny: 250,000 with over 10 million then unemployed. The NIRA: The NRA part that tried "reshaping industry" was a failure that impeded recovery. The SCOTUS killed it in '35.

6,01K

George Selgin15 tuntia sitten

In 2012, my coauthors and I published an article* asking, “Has the Fed been a Failure,” that is, had it failed to meet its promise? The answer was “Yes.” I’m confident we proved it. I’m also confident that any substitute the Trump administration comes up with will be even worse.

7,5K

George Selgin15 tuntia sitten

In 2012 two coauthors and I published an article* asking “Has the Fed Been a Failure?”—that is, had it met its promise? The answer was “Yes.” I’m confident we proved it. I’m also confident that any replacement the Trump administration might come up with would be even worse.

George Selgin16 tuntia sitten

In 2012 two coauthors and I published an article* asking “Has the Fed Been a Failure?”—that is, had it met its promise? The answer was “no.” I’m still confident we proved it. I’m also confident that any replacement the Trump administration might come up with would be even worse.

George Selgin16 tuntia sitten

I favor showing leniency toward those willing to learn more—and a week in the stocks for academic economists who are aware of at least some of these writings, but deliberately ignore them.*

nic carter17 tuntia sitten

i would like to make it illegal to talk about free banking (in the context of stablecoins) without having read the following books: - Free Banking in Britain: Theory, Experience, and Debate, 1800–1845 by @lawrencehwhite1 - Competition and Currency: Essays on Free Banking and Money by @lawrencehwhite1 - The Theory of Free Banking: Money Supply under Competitive Note Issue by @GeorgeSelgin - The Experience of Free Banking by Kevin Dowd - Money Free and Unfree by @GeorgeSelgin - Free Banking – The Scottish Experience as a Model for Emerging Economies by Randall Kroszner thank you for your attention to this matter!

1,81K

George Selgin17 tuntia sitten

Yet another essay noting flaws of U.S.-style “free banking” w/out recognizing either their regulatory causes or the good records, including the disappearance of banknote discounts, of other competitive banknote systems like those of Scotland (1772-1845) and Canada (1870-1935).

ethn17 tuntia sitten

we also go through a lil history on the Free Banking era

2,32K

George Selgin19.7. klo 22.02

Anything _true_ in a Jacobin article is news.

Chris Freiman19.7. klo 04.57

Lots of falsehoods in this Jacobin article, including the claims that “wages have stagnated” and “upward mobility has collapsed”

2,89K

George Selgin19.7. klo 16.58

Nor is extreme parochialism the only problem: arrogance plays its part. In a talk at a conference a few years back, Harvard economist Ken Rogoff made the usual assertion about banknote discounts. At lunch I tried to correct him, pointing to the contrary non-US evidence. 1/

2,87K

George Selgin19.7. klo 01.11

Any economist who cites the US “free banking era” as proof that competitive currency systems, and “unregulated” ones especially, don’t work, doesn’t know his US banking history and knows even less about experiences elsewhere. Alas, plenty of famous economists fit the bill.

George Selgin19.7. klo 01.06

Matt is basically correct. People don’t realize that despite the name US “free” banks could not branch at all (hence only one redemption point), and all were _required_ to hold securities that were sometimes junk. 1/2

4,57K

Johtavat

Rankkaus

Suosikit

Ketjussa trendaava

Trendaa X:ssä

Viimeisimmät suosituimmat rahoitukset

Merkittävin