by Ralph Benko | Apr 28, 2012 | Uncategorized
Originally posted Saturday, April 28, 2012 Share “In Latin, if you’re content and you have a long-term vision, you’re beatus. And if you’re happy in the short-term, well, you’re felix.” — Harold James Princeton Professor Harold James was the lead...
by Ralph Benko | Apr 24, 2012 | Uncategorized
Originally posted Tuesday, April 24, 2012 Share “[T]he Federal Reserve should move to a … more rules-based policy of the kind that has worked in the past.” So observes Prof. John Taylor, of Stanford, in The Wall Street Journal. Prof. Taylor thereby invites a most...
by Ralph Benko | Apr 21, 2012 | Uncategorized
Originally posted on Saturday, April 21st, 2012 The gold standard gave America a solid monetary foundation. That foundation helped see America through the many upheavals of the 19th century. It positioned America to prosper. Gold was so iconic that a ceremonial...
by Ralph Benko | Apr 17, 2012 | Uncategorized
Originally posted on Tuesday, April 17th, 2012 “The appeal of the historic gold standard lay in an institutional capacity to build confidence.” — Professor Harold James In October 1990, then Professor Ben Bernanke co-authored with Professor Harold...
by Ralph Benko | Apr 12, 2012 | Uncategorized
Originally posted on Thursday, April 12th, 2012 [T]he State can supplant a spontaneously evolved monetary system with a centrally controlled system only after a prolonged struggle in which it must slowly and gradually overcome (through propaganda and the use of...
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