Fabrizio Ferrari

Fabrizio Ferrari is a graduate student in economics.

Articles by Fabrizio Ferrari

How Capitalists Improve Human Productivity

Income to Land and Labor

To quote the last paragraph of this 2008 article by Robert Murphy, when asked why Austrian school economics should be studied, the best answer is: the Austrian theory of capital is the best one you can find if you really want to grasp how the economy actually works—beyond sterile mathematics and static timeless analysis.

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How Central Banks Destroy Money’s Purchasing Power

Without a monopolist central bank, market forces would restrain the issuance of bank notes. But once central banks monopolize money creation, wealth is systematically transferred to the central bank and the privileged few who are favored by the state.

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The European Central Bank Is Being Stretched to Its Breaking Point in Italy

Investment/GDP in Italy, 2000-2019

When Mario Draghi’s tenure was approaching its end, I argued for a sterner governor for the European Central Bank (ECB); hence, I was not even slightly enthusiastic when Draghi’s successor turned out to be Christine Lagarde—a patent dove, as can be inferred from her ideological proximity to a famous Keynesian like Olivier Blanchard.

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