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The Sage Who Saw It All Coming

Jacques de Larosière is out with a must-read new book on the end of financial illusion.

Courtesy of Mr. de Larosière
Jacques de Larosière, left, and Paul Volcker. Courtesy of Mr. de Larosière
JUDY SHELTON
JUDY SHELTON

A voice has been crying in the wilderness about the dangers of financial illusion and the impact of monetary policy decisions on genuine economic growth. The time to pay close attention to the damaging impact of central banks on productive financial investment for the real economy has arrived.

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JUDY SHELTON
JUDY SHELTON

Ms. Shelton, a monetary economist, is a senior fellow at the Independent Institute and author of ‘Good as Gold: How to Unleash the Power of Sound Money.’

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