Author Archives: radiofreemarket

Sheila Bair was chairman of the FDIC from June 2006 to July 2011.  Her memoirs, Bull by the Horn: Fighting to Save Main Street from Wall Street and Wall Street from Itself, is a fascinating and sometimes frustrating glimpse into … Continue reading →

From today’s Open Europe news summary: A report by the Research Services of the German Bundestag has concluded that ECB involvement in a new write-down of Greek debt would constitute monetary state financing and thus be in breach of EU … Continue reading →

Re: French Socialists, Under Fire, Display a Lack of Fraternite Dear Sirs: There are only two ways to improve competitiveness.  One, work longer.  But France chooses not to adopt this option.  Two, extend the division of labor.  This one has … Continue reading →

I highly recommend that you read the essay belowby Jan Skoyles about why any country might desire to repatriate its gold holdings.  Germany is correct in taking possession of its gold.  This is nothing more sinister than exercising rational self-interest.  … Continue reading →

I suggest that you read this short essay by Matthew Lynn.  If nothing else read his reason number three, copied below, why the Gemans want their gold back (my emphasis in red): 3) Most importantly, German sentiment is hardening against … Continue reading →

Re: Euro Survives, But Future Is in Doubt, by Floyd Norris Dear Sirs: Mr. Norris makes many good points about the euro-debt crisis; however, like many other pundits he assumes that currency devaluation is a “normal prescription for countries in … Continue reading →

Re: Better Ways to Deal with China Dear Sirs: Eduardo Porter’s recommendations for “dealing with our trade deficit with China”–a multilateral approach using carrots and sticks–assumes that China’s manipulation of its currency causes harm to its trading partners.  It does … Continue reading →

Re: Obama Criticizes Romney Plan See my comments at the end of the Daily Iowan report.  Unfortunately, neither candidate is discussing reality, which is that they have no way to make the economy do their bidding other than by restricting … Continue reading →

Re: Amid Barrage of Attack Ads, Considering Tighter Rules Dear Sirs: Free speech is constantly under attack by incumbents of all stripes.  After all it was John McCain, a Republican, and Russ Feingold, a Democrat, whose names are synonymous with … Continue reading →