Alex J. Pollock is a Senior Fellow at the Mises Institute and the author of Finance and Philosophy--Why we're Always Surprised.
Nov 16, 2021
An Incredibly Misguided Nomination for Comptroller of the Currency
The Biden administration has certainly made the most misguided nomination for Comptroller of the Currency in history with its nominee, Saule Omarova. Professor Omarova...
Oct 8, 2021
The U.S. Has Never Defaulted, Except for 4 Times When It Did
To paraphrase Daniel Patrick Moynihan, you are entitled to your own opinion about the debt ceiling, but not to your own facts about the history of U.S. government defaults.
Sep 14, 2021
Speculating On Possible Causes of a Future Financial Crisis
Alex J. Pollock outlines seven possible scenarios where we could have the next financial crisis.
Sep 7, 2021
Reforms to Avoid the Next Housing Bust –
Alex J. Pollock and Edward J. Pinto propose reforms in the U.S. housing policy to avoid the housing and financial crises of the past.
Aug 25, 2021
The Rise (and Fall) of the Modern Bank of England –
Alex J. Pollock reviews Harold James' book, Making a Modern Central Bank which is about the history of the Bank of England.
Aug 14, 2021
No Denying That August 15, 1971 Was a "Fateful" Date
Alex J. Pollock recounts President Nixon's decision to take the U.S. dollar off the gold standard on August 15, 1971.
Jun 21, 2021
Pity FOMC Members Trying to Divine a Future They Can't Know
Pity the poor members of the Federal Open Market Committee! These Federal Reserve Board Governors and Federal Reserve Bank Presidents all know in their hearts, for sure, each...
May 19, 2021
An Argument About Inflation That Is Worth Pondering
If the new inflationary era predicted by Goodhart and Pradhan becomes reality, the follies of the present will seem blatant.
Mar 23, 2021
The Many, Odious Faces of Government Debt Default
Although government debt is a favored investment class all over the world, it has a colorful history of over 200 defaults in the last two centuries, which continue right up to the...
Mar 12, 2021
The Oversight Board Keeps Working On Puerto Rico's Record Insolvency
The government of Puerto Rico continues to hold the all-time record for a municipal insolvency, having gone broke with over $120 billion in total debt, six times as much as the...
Mar 3, 2021
An Inflationary Breakout Would Be Consistent w/History
Printing money to finance wars with resulting inflation is the most time-honored monetary policy. It can also be used for other crises thought of as analogies to wars, like to...
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