Hans F. Sennholz
Hans F. Sennholz Articles
The German inflation of 1914–1923 had an inconspicuous beginning, a creeping rate of one to two percent. On the first day of the war, the German Reichsbank, like the other central banks of the belligerent powers, suspended redeemability of...
The Japanese economy, the world's second largest, apparently is unable to recover from a lingering recession which descended on the country in 1991. Industrial output has been erratic and lackluster ever since, meandering between expansion...
In ages past, the money markets of the world used to obey well-known classical rules. Whenever a country suffered substantial current-account deficits, for instance, its currency faced devaluation pressures. In recent months, this rule...
There is a great division among economists over where the American economy is headed. Essentially, they are divided into three different schools of thought: the pessimists who believe that the economy is bound to sink into a long and...
At the end of World War II Japan lay in ruins, physically and spiritually. The disastrous war, the American occupation, and several years of dire poverty caused tremendous upheavals in Japanese society. Yet twenty years later, Japan had...
