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Lawrence H. White
Lawrence Henry White (born November 27, 1954) is an American economics professor at George Mason University who teaches graduate level Monetary Theory, monetary theory and policy. He is considered an authority on the history and theory of free banking. His writings support the abolition of the Federal Reserve System and the promotion of private and competitive banking. Career White earned his Bachelor of Arts, BA at Harvard University (1977) and Doctor of Philosophy, PhD at the University of California at Los Angeles (1982). Before his current role at George Mason University he held a position as F. A. Hayek Professor of Economic History with the University of Missouri–St. Louis Economics department from 2000 to 2009, teaching American Economic History, Monetary Theory, and Money and Banking. Previously, he was assistant professor at New York University and Associate Professor at The University of Georgia in Athens, Georgia, Athens, Georgia (U.S. state), Georgia. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Athens, Georgia
Athens, officially Athens–Clarke County, is a consolidated city-county and college town in the U.S. state of Georgia. Athens lies about northeast of downtown Atlanta, and is a satellite city of the capital. The University of Georgia, the state's flagship public university and an R1 research institution, is in Athens and contributed to its initial growth. In 1991, after a vote the preceding year, the original City of Athens abandoned its charter to form a unified government with Clarke County, referred to jointly as Athens–Clarke County. As of 2020, the U.S. Census Bureau's population of the consolidated city-county (all of Clarke County except Winterville and a portion of Bogart) was 127,315. Athens is the sixth-largest city in Georgia, and the principal city of the Athens metropolitan area, which had a 2020 population of 215,415, according to the U.S. Census Bureau. Metropolitan Athens is a component of the larger Atlanta–Athens–Clarke County–Sandy Springs Combin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hard Money (policy)
Hard money policies support a specie standard, usually gold or silver, typically implemented with representative money. In 1836, when President Andrew Jackson's veto of the recharter of the Second Bank of the United States took effect, he issued the Specie Circular, an executive order that all public lands had to be purchased with hard money. Bentonian currency In the US, hard money is sometimes referred to as Bentonian, after Senator Thomas Hart Benton, who was an advocate for the hard money policies of Andrew Jackson. In Benton's view, fiat currency favored rich urban Easterners at the expense of the small farmers and tradespeople of the West. He proposed a law requiring payment for federal land in hard currency only, which was defeated in Congress but later enshrined in an executive order, the Specie Circular. See also * Gold standard * Silver standard * Bimetallic standard * Bullion coin * Digital gold currency * Fractional reserve banking * Free banking * Hard money (d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lew Rockwell
Llewellyn Harrison Rockwell Jr. (born July 1, 1944) is an American author, editor, and political consultant. A libertarian and a self-professed anarcho-capitalist, he founded and is the chairman of the Mises Institute, a non-profit dedicated to promoting the Austrian School of economics. After graduating from university, Rockwell took a job at Arlington House publishers, a conservative publishing house. Through this work, he encountered the works and political theories of his mentor Murray Rothbard. Reading Rothbard led Rockwell to become an ardent believer in Austrian economics and what he calls "libertarian anarchism". After his ideological transformation, Rockwell went on to work as chief of staff to Congressman Ron Paul from 1978 to 1982, and partnered with Rothbard in 1982 to found the Mises Institute in Alabama, where , Rockwell still serves as chairman. Rockwell's website, LewRockwell.com, was launched in 1999. The website features articles about political philosophy, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ludwig Von Mises Institute
Ludwig von Mises Institute for Austrian Economics, or Mises Institute, is a libertarian nonprofit think tank headquartered in Auburn, Alabama, United States. It is named after the Austrian School economist Ludwig von Mises (1881–1973). It was founded in 1982 by Lew Rockwell. Its creation was funded by Ron Paul. History The Ludwig von Mises Institute was founded in 1982 by Lew Rockwell. Rockwell, who had previously served as editor for Arlington House Publishers, received the blessing of Margit von Mises during a meeting at the Russian Tea Room in New York City, and she was named the first chairman of the board. Early supporters of the institute included F.A. Hayek, Henry Hazlitt, Murray Rothbard, Ron Paul, and Burt Blumert. According to Rockwell, the motivation of the institute was to promote the specific contributions of Ludwig von Mises, who he feared was being ignored by libertarian institutions financed by Charles Koch and David Koch. As recounted by Justin Raimondo, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austrian School
The Austrian School is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result exclusively from the motivations and actions of individuals. Austrian school theorists hold that economic theory should be exclusively derived from basic principles of human action.Ludwig von Mises. Human Action, p. 11, "Purposeful Action and Animal Reaction". Referenced 2011-11-23. The Austrian School originated in late-19th- and early-20th-century Vienna with the work of Carl Menger, Eugen von Böhm-Bawerk, Friedrich von Wieser, and others. It was methodologically opposed to the Historical School (based in Germany), in a dispute known as ''Methodenstreit'', or methodology struggle. Current-day economists working in this tradition are located in many different countries, but their work is still referred to as Austrian economics. Among the theoretical contributions of the early years of the Austrian School are the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Selgin
George Selgin (; born 1957) is an American economist. He is Senior Fellow and Director Emeritus of the Cato Institute's Center for Monetary and Financial Alternatives, where he is editor-in-chief of the center's blog, ''Alt-M'', Professor Emeritus of economics at the Terry College of Business at the University of Georgia, and an associate editor of ''Econ Journal Watch''. Selgin formerly taught at George Mason University, the University of Hong Kong, and West Virginia University. Research Selgin's research covers a broad range of topics within the field of monetary economics, including monetary history, macroeconomic theory, and the history of monetary thought. He is one of the founders, along with Kevin Dowd and Lawrence H. White, of the Modern Free Banking School, which draws its inspiration from the writings of Friedrich Hayek on denationalization of money and choice in currency. A central claim of the Free Banking School is that the effects of government intervention in m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cato Institute
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Industries is the second largest privately held company by revenue in the United States. Cato was established to have a focus on public advocacy, media exposure and societal influence. According to the ''2020 Global Go To Think Tank Index Report'' (Think Tanks and Civil Societies Program, University of Pennsylvania), Cato is number 27 in the "Top Think Tanks Worldwide" and number 13 in the "Top Think Tanks in the United States". The Cato Institute is libertarian in its political philosophy, and advocates a limited role for government in domestic and foreign affairs as well as a strong protection of civil liberties. This includes support for lowering or abolishing most taxes, opposition to the Federal Reserve system and the Affordable Care Act, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Freeman
''The Freeman'' (formerly published as ''The Freeman: Ideas on Liberty'' or ''Ideas on Liberty'') was an American libertarian magazine, formerly published by the Foundation for Economic Education (FEE). It was founded in 1950 by John Chamberlain, Henry Hazlitt, and Suzanne La Follette. The magazine was purchased by a FEE-owned company in 1954, and FEE took over direct control of the magazine in 1956. In September 2016, FEE announced it would permanently end publication of ''The Freeman''. Background A number of earlier publications had used the ''Freeman'' name, some of which were intellectual predecessors to the magazine founded in 1950. ''The Freeman'' (1920–1924) From 1920 to 1924, Albert Jay Nock, a libertarian author and social critic, edited a weekly magazine called ''The Freeman''. Nock's magazine was funded by co-editor Francis Neilson, a British author and former member of Parliament, and his wife Helen Swift Neilson, who was heir to a meatpacking fortune. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foundation For Economic Education
The Foundation for Economic Education (FEE) is an American conservative, libertarian economic think tank. Founded in 1948 in New York City, FEE is now headquartered in Atlanta, Georgia. It is a member of the State Policy Network. FEE offers publications, lectures, and student workshops promoting free market principles. Views FEE states that its mission is to promote principles of "individual liberty, free-market economics, entrepreneurship, private property, high moral character, and limited government." Friedrich Hayek described FEE's goal as "nothing more nor less than the defense of our civilization against intellectual error." History FEE, founded in 1946, is considered the oldest free-market think tank in the United States. An early aim was to roll back policies of the New Deal. FEE opposed the Marshall Plan, Social Security, and minimum wages, among other American social and economic policies. Its founding by Leonard E. Read, Henry Hazlitt, David Goodrich, Donaldson Brow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercatus Center
The Mercatus Center is an American Libertarianism in the United States, libertarian, free-market-oriented non-profit think tank. Located at George Mason University and directed by the American economist Tyler Cowen, the Mercatus Center works with policy experts, Lobbying in the United States, lobbyists, and government officials to connect academic learning and real-world practice. Taking its name from the Latin word for ''market'', the center advocates free-market approaches to public policy. During the George W. Bush administration's campaign to reduce government regulation, ''The Wall Street Journal'' reported, "14 of the 23 rules the White House chose for its 'hit list' to eliminate or modify were Mercatus entries". According to the ''2017 Global Go To Think Tank Index Report'' (Think Tanks and Civil Societies Program, University of Pennsylvania), Mercatus is number 39 in the "Top Think Tanks in the United States" and number 18 of the "Best University Affiliated Think Tanks". T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Journal Of Money, Credit, And Banking
The ''Journal of Money, Credit and Banking'' is a peer-reviewed academic journal covering monetary and financial issues in macroeconomics. It is published by Wiley-Blackwell on behalf of the Ohio State University Department of Economics. The editors-in-chief are Sanjay Chugh (Ohio State University), Robert DeYoung (University of Kansas), Pok-sang Lam (Ohio State University), Kenneth D. West (University of Wisconsin–Madison). Replicability In 2004, the ''American Economic Review'' instituted a mandatory archive for the submission of data and code used in economic journal submissions to ensure the replicability and legitimacy of research. An analysis of the ''Journal of Money, Credit and Banking''s archive from 1996 to 2003 found that only 14 of 186 empirical articles could be replicated. Some economists have published suggestions regarding procedures to ensure the replicability of journal articles. As a result, the journal's editors amended their procedures beginning with the Decem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
