“Big Questions Facing the Free Society”
Meetings with representatives of the United States congress, university professors and corporate leaders of different States at the quarterly Philadelphia Society Meeting in Philadelphia, PA.
Daniel Lacalle´s dissertation was based on the risks of monetary policy and the importance of defending sound money, balanced budgets and the promotion of capital investment.
The Philadelphia Society is a membership organization of scholars, educators, journalists, business and professional leaders, clergy–thoughtful analysts of current trends and public policy–all dedicated to the goal of deepening the intellectual foundations of a free and ordered society and to broadening the general understanding of its basic principles among the public at large.
The purpose of this Spring Meeting was to “examine several “Big Questions” that will increasingly influence the prospects for human freedom and flourishing in the U.S. and around the world. We will take up important matters about culture, religion, technology, education, and the future of freedom in the United States and abroad.”
6-8th April 2018, Philadelphia Pennylvania.
Escape from the Central Bank Trap: How to Escape from the $20 Trillion Monetary Expansion Unharmed.
Central banks do not print growth.
The financial crisis was much more than the result of an excess of risk. The same policies that created each subsequent bust are the ones that have been implemented in recent years. In Escape from the Central Bank Trap, Dr. Daniel Lacalle offers solutions for the threat of zero-interest rates and excessive liquidity.
He argues that the United States needs to take the first step, defending sound money and a balanced budget, recovering the middle-class by focusing on increasing disposable income. The rest will follow. Our future should not be low growth and high debt. Cheap money becomes very expensive in the long run.
Dr. Lacalle also analyzes the many fallacies associated with modern, activist, inflationist central banking and misguided economic policies more generally.