Steven Horwitz at FFF: "Do We Really Need a Central Bank?"

http://FFF.org

Steven Horwitz gave this lecture entitled "Do We Really Need a Central Bank?" at the Future of Freedom Foundation's Economic Liberty Lecture Series at George Mason University on December 2, 2009.

Steven Horwitz is the Charles A. Dana Professor of Economics at St. Lawrence University in Canton, NY. He is the author of two books, Microfoundations and Macroeconomics: An Austrian Perspective (Routledge, 2000) and Monetary Evolution, Free Banking, and Economic Order (Westview, 1992), and he has written extensively on Austrian economics, Hayekian political economy, monetary theory and history, and the economics and social theory of gender and the family.

His work has been published in professional journals such as History of Political Economy, Southern Economic Journal, and The Cambridge Journal of Economics. He has also done public policy research for the Mercatus Center, Heartland Institute, Citizens for a Sound Economy, and the Cato Institute. His current project is a book tentatively titled Classical Liberalism and the Evolution of the Modern Family. Horwitz currently serves as the book review editor of The Review of Austrian Economics and as an academic advisor for the Heartland Institute and a contributing editor to Critical Review and Journal des Economistes et des Etudes Humaines. A member of the Mont Pelerin Society, he completed his MA and PhD in economics at George Mason University and received his A.B. in economics and philosophy from The University of Michigan.

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[QIQrrr]

Because they deserve it.

[iannetta11]

Paper, redeemable for NOTHING, is not money.

Has your congressman supported HR 459 "Federal Reserve Transparency Act of 2011" ???

[Blazhei]

@steamidjf Eeeehhhhh. I think Hayek does well enough illustrating how the NWO conspiracy can't really exist or have the power people want it to. Sheldon Richman's "Conpiracy Theory Socialism" at the Freeman is a good article on it.

[iannetta11]

@ Steven Horwitz. 88 minute video and not enough emphasis on what good money is and what it has been historically. Paper, redeemable for NOTHING, is not money. Money is a receipt for a commodity or the commodity itself. Coins of gold and silver are honest constitutional money.

I agree with your statement regarding central banks being closely tied to war.

AUDIT THE FED. END THE FED. END THE WARS. Ron Paul 2012 !!!

[steamidjf]

This doesn't mean the NWO conspiracy doesn't exist. This just goes to show that if you believe in freedom and understand it, you can see the tyranny that is being set up with policies that go against freedom and liberty.

[phantomcharger]

@stealthswimmer

Yeah, I can see that, the gold and silver standard protected the people from the abuses of the printing press.

we are defenseless now

[stealthswimmer]

The government shouldn't even have anything to do with creating money.

[stealthswimmer]

cus they make the rest of the anti-central banking people look crazy.

[GadsdenWaver]

.....owkay.........

[capitalist4life]

Why all the anti-NWO people bashing?