By Aug 14,2013

Has the Fed Been Successful?

The Federal Reserve is considered sacrosanct by many. Economist George Selgin pulls back the curtain, exposes the smoke and mirrors, and explains why the Federal Reserve has been a “century...

By Aug 08,2013

The Federal Reserve's Irresponsibility

Dr. George Selgin explains Walter Bagehot’s classic lender of last resort rule stating that, during a crisis, central banks should lend freely to solvent institutions at high rates of interest....