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On Hayek's denationalization of money, free banking and inflation targeting
free-banking Hayek inflation targeting Non-redeemable money performance contracting
2011/9/27
Recent central bank experience with inflation targeting is used to restate Hayek's reform proposal as a performance contract. This requires banks to first state an explicit inflation target and then p...
Insider Trading: Hayek, Virtual Markets, and the Dog that Did Not Bark
Insider Trading Hayek, Virtual Markets the Dog that Did Not Bark
2014/6/26
This Essay briefly reexamines the great debates on the role of insider trading in the corporate system from the perspectives of efficiency of capital markets, harm to individual investors, and executi...