Gold

Archive for Gold

Krugman on Gold: I Am Clairvoyant

This almost freaks me out. The handful of people who regularly tune into my Saturday “office hours” for Mises Academy classes can verify this: It was literally just last weekend when I said something like, “I mean, if it weren’t for gold prices, I might be really concerned about my worldview here. It does trouble […]

Al Sharpton (and Others) Discuss the “Prophet” Ron Paul

I can’t believe this is happening. People on MSNBC are talking about Friedrich Hayek, Ludwig von Mises, the gold standard, and Ron Paul as a prophet. If they bring up David Gordon, I’m going to pass out.

Must…Respond…to…Yglesias

There is something delicious in a guy who hates everything about my worldview and yet is quite new to the material. His critiques come out of left field, and it takes me a minute to figure out what is wrong with them. Anyway, here’s Yglesias on the gold standard: I was asked to offer a […]

Free Advice That Was Totally Worth the Price

This Wednesday I will have a spirited take-down of Krugman’s “I told you so” column from last week. In writing the piece, I dug up this oldie but goodie from the days when Free Advice wasn’t yet potty trained. In all seriousness, I can sleep at night knowing this is what I advised on August […]

Is This Really His Lordship?

This is really Keynes, right? Since this is the only (alleged) footage I’ve ever seen of him, I have no idea. For all I know this is a particularly high-brow Monty Python sketch.

Potpourri

* Aristos sends this video of a policeman telling people he’d pulled over that he should have executed them. It’s true that the offense (threatening to kill them) isn’t as bad as in plenty of other videos we’ve showcased, but this one makes the cut because the people are being fairly cooperative. (I.e. in the […]

Market Prices Mean Something, When an Economist Agrees With Them

This is pretty funny. In the great debate over Bernanke, guys like Scott Sumner and Paul Krugman keep pointing at the bond market to show that guys like me are nuts for worrying about (price) inflation. My strongest comeback is to point at commodities, and in particular the price of gold. After all, surely S&K […]

Ron Paul’s Idea to Repudiate the Fed’s Debt Holdings

It’s nowhere near the demand for me to comment on Bitcoin–that article is still forthcoming; it has turned into my Apocalypse Now–but a lot of people were asking what I thought about Ron Paul’s proposal for the Treasury to cancel the debt held by the Fed. So here ya go. An excerpt that I want […]