Can A Government Finance Itself Simply By Issuing Money?

In Full Archive by Nathan Lewis

Can A Government Finance Itself Simply By Issuing Money? July 31, 2015 (This item originally appeared at Forbes.com on July 31, 2015.) http://www.forbes.com/sites/nathanlewis/2015/07/31/can-a-government-finance-itself-simply-by-issuing-money/ A popular notion these days, particularly among the “Modern Monetary Theory” types, is that a government can finance itself simply by …

Parks and Squares

In Full Archive by Nathan Lewis

Parks and Squares July 26, 2015 For a long time, I’ve been asserting that the basic building blocks of the Traditional City are Narrow Streets for People, amounting to perhaps 80% of all streets by length; 17% Arterials and 3% Grand Boulevards. Most of …

Greece Is On The Brink of Disaster — Or Raging Success

In Full Archive by Nathan Lewis

Greece Is On The Brink of Disaster — Or Raging Success July 12, 2015 (This item originally appeared at Forbes.com on July 12, 2015.) http://www.forbes.com/sites/nathanlewis/2015/07/12/greece-is-on-the-brink-of-disaster-or-raging-success/ The Greek government defaulted on its payment to the IMF, with wild popular support confirmed by a referendum. Huh? …

For Sale: Speakers

In Full Archive by Nathan Lewis

For Sale: This is the best speaker system I have ever owned. Alas, I will likely be moving soon, and it needs to find a new home. I would like to sell the complete system, so the next user can enjoy all the benefit …

Audio 2015

In Full Archive by Nathan Lewis

Audio 2015 July 5, 2015 Why do I write about my audio hobby? I sat on this piece for a while, because it is perhaps not so productive to publicly expose my oddball enthusiasms. Arguably, the whole thing is a waste of time — …

Greece: Planning the Bank Holiday

In Full Archive by Nathan Lewis

Greece: Planning the Bank Holiday June 25, 2015 (This item originally appeared at Forbes.com on June 25, 2015.) http://www.forbes.com/sites/nathanlewis/2015/06/25/greece-planning-the-bank-holiday/ Following a Greek government default, and possibly before then, Greek banks would likely be both insolvent and unable to make payments to creditors. What should …

George Gilder Joins Team Gold And Explains Where Friedman Went Wrong

In Full Archive by Nathan Lewis

George Gilder Joins Team Gold And Explains Where Friedman Went Wrong June 20, 2015 (This item originally appeared at Forbes.com on June 20, 2015.) http://www.forbes.com/sites/nathanlewis/2015/06/20/george-gilder-joins-team-gold-and-explains-where-friedman-went-wrong/ My goodness! I honestly believe that today’s team of Classical monetary intellectuals is probably the best since about 1910. …

The Bank of England, 1696-1914

In Full Archive by Nathan Lewis

The Bank of England, 1696-1914 June 7, 2015 In the past, we looked at the Bank of England’s balance sheet during the 18th and 19th centuries: March 24, 2013: The Bank of England, 1720-1913 April 14, 2013: The Bank of England, 1844-1913 May 5, …

Greece: It’s Time For Your Default And Debt Restructuring

In Full Archive by Nathan Lewis

Greece: It’s Time For Your Default And Debt Restructuring June 5, 2015 (This item originally appeared at Forbes.com on June 5, 2014.) http://www.forbes.com/sites/nathanlewis/2015/06/05/greece-its-time-for-your-default-and-debt-restructuring/ For some reason, people think a sovereign default, and a subsequent debt restructuring such as Greece’s government faces, is something that …