While central planning has historically been associated with the American left, and with failed socialist experiments outside the U.S., it’s most recently revealed itself on the American right. The ...

Paul Krugman writes that “monetarism—broadly defined as the view that monetary policy can and should be used to stabilize economies—has more or less disappeared from the scene, both intellectually and ...

Economies aren’t blobs or machines that occasionally pull over to dollar “filling stations.” In reality, economies are just individuals interconnected with individuals and machines the world over.

Just how important is money? Few would deny that it plays a key role in the economy. But one school of economic thought, called monetarism, maintains that the money supply (the total amount of money ...

Professor Robert Mundell urges gold convertibility for the euro, the currency which he fathered, as well as for the dollar. This is a major step forward. Thought leaders are abandoning "old monetarism ...

Ann Behan has 10 years-plus of experience researching, writing, and editing articles, white papers, and executing searches at the board level across various industries. Her expertise includes ...

While many conventional economists and market monetarists did not express much concern about inflation (until recently), more traditional monetarists like Bob Hetzel and Tim Congdon correctly warned ...

For those who fear the capture of higher education by the left, the late Milton Friedman rejects the very notion. To this day, left, right and center from the most elite of elite colleges the world ...

Disciples of Milton Friedman are delighted: Monetarism seems to be working again, three decades after the economic theory was ditched as the guiding light of central bank policy. Their happiness is ...

In “Yuan Sets Stage for China-U.S. Currency Friction” (Heard on the Street, June 3), Mike Bird fails to inform us as to why the Chinese yuan is at its strongest level against the U.S. dollar since ...