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Richard Duncan

Recent Posts by Richard Duncan

Why Chairman Bernanke Is Wrong [Part One]

There are many areas where my views differ from those of Ben Bernanke. Here is the first. Fed Chairman Bernanke believes in the Monetary Theory

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Economics In The Age Of Paper Money

“Irredeemable paper money has almost invariably proved a curse to the country employing it.” So wrote America’s greatest economist, Irving Fisher, in 1911. Sixty years

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THE FUTURE: AVERTING DISASTER

The future – the happiness and prosperity of mankind – will be determined by how global supply and global demand are brought back into balance.

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THE PRESENT: ON THE BRINK OF DISASTER

The global economy is in crisis. Government intervention on a multi-trillion dollar scale is the only thing preventing a worldwide collapse into a new great

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THE PAST: ABANDONED PRINCIPLES AND MISGUIDED POLICIES

When I was born in 1960, the political leaders of the United States believed very strongly that it was their duty to balance the government’s

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