From the archives:

 
Here is an interview that I did in early February 2010.
 
Many entities, from the White House to various mortgage banking leaders to self-professed pundits, are trying to put a shame element to borrowers who find themselves with acute negative equity in their homes. Is it possible to successfully shame these people into staying in their [...]

And this is according to an FDIC report.
The names of the banks on the list are never made available to the general public by regulators out of fear that depositors at those institutions may prompt a so-called “run on the bank.”
…Bair confirmed that the pace of bank failures would pick up this year, which would [...]

Citigroup sent this notice out to customers:
“Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change.”

Ira [...]

Fed Chairman Ben Bernanke admits that paper money is worthless.

My new article is up at LewRockwell.com: “A Banner Year for Bank Failures.” It’s the same as my previous post on my blog.

This will appear as a published article on LewRockwell.com tomorrow.
Roger Lowenstein has written one of the best articles I have read on the topic: walking away from your house. The prominent author and journalist published a January 7, 2010 article in the New York Times with the headline, “Walk Away From Your Mortgage!” Lowenstein acknowledges [...]

You must read the story of Ken Ilgunas: “How do I afford grad school without going into debt? A ‘94 Econoline, bulk food and creative civil disobedience.”
Ken writes about his life living in a van to avoid the debt of Duke grad school, and that’s after he paid off his undergrad debt. Some of his [...]

Hiring part-time “clipboard-toting workers going door-to-door to verify the government population” – in other words, the 2010 census. From Bloomberg:
The 2010 census couldn’t have come at a better time for the U.S. economy.
The government will hire about 1.2 million temporary workers in the first half of the year to administer the decennial population count, possibly [...]

For those of you who don’t know about “the name game” and Austro-musical chairs, I’ll try to draw up a quick timeline.
Peter Boettke, an Austrian economist and Professor at GMU, is a diligent and hard-working economist who I respect. Yesterday on the Austrian Economists blog (now the Coordination Problem blog) he announced the abandonment of [...]