What Happened at the Hearing
Here’s my rundown of the significant moments during my recent testimony before the House Financial Services Committee in support of HR 1207, the Federal Reserve Transparency Act of 2009.
Here’s my rundown of the significant moments during my recent testimony before the House Financial Services Committee in support of HR 1207, the Federal Reserve Transparency Act of 2009.
Kentucky Secretary of State Trey Grayson was in my graduating class at Harvard. Everyone knew him as politically middle of the road — which is what he obviously still is. He’s supported by the pro-bailout drones who weep crocodile tears about “fiscal responsibility.” If you’re happy with the status quo, he is your man.
WATCH THIS VIDEO!
Thanks for visiting my site. Here you can take a look at my bio as well as my articles, books, and speeches. I hope you’ll also check out my new book Meltdown, which spent ten weeks as a New York Times bestseller and which gives the free-market alternative to the explanation of the financial crisis you’ll hear from the drones on CNBC. Here’s a little more about it, and here’s where you can read a free chapter.
My remarks at the Ron Paul BBQ Bash last weekend. VIPs included Barry Goldwater Jr., Judge Andrew Napolitano, and Lew Rockwell. The full speech can be accessed here. Was working on 90 minutes of sleep, so it’s impressive that I got through this at all!
When it comes out next month. Here’s a preview of what looks like a great documentary.
There is nothing easier on earth than to demonize “states’ rights” — why, only a supporter of slavery and segregation could support such things.
In response to the many requests I received via this website, I wrote an analysis of Pope Benedict XVI’s Caritas in Veritate. If the topic interests you, I recommend my book The Church and the Market — which, I am happy to note, was the first-place winner in the 2006 Templeton Enterprise Awards.
I recently spoke to a group of college and graduate students about Meltdown (my recent New York Times bestseller on the financial crisis), the publishing world, my experiences with the book, etc. The talk elicited quite a few laughs. You can listen to it here (left-click to stream; right-click to download).
Among many other things, I also did this brief (print) interview.
During the Q&A following the Saturday night banquet address I delivered at last week’s Florida Liberty Summit, I promised I would post a link to a useful article that explains some of the mechanics of the Federal Reserve, and in particular discusses who owns shares in the Fed, what the nature of these shares is, etc. So here it is. I disagree with the author’s view that the Fed’s reserve requirement is bad because it forces banks to keep more cash on reserve than they believe necessary; in recent years the de facto reserve requirement has been practically zero, so I think the argument that the Fed makes the banks too conservative has things completely backwards. But this piece is still very useful in clearing up a lot of misunderstanding.
Below is my opening statement at a debate earlier this month in Las Vegas on abolishing the Federal Reserve. Gene Epstein (of Barron’s) and I debated John Fund and Warren Coats. The whole debate is available as a series of YouTubes or as a single whole via C-SPAN (give it a minute to load).