The bar silver and the arms still lie, for all that I know, where Flint buried them; and certainly they shall lie there for me. Oxen and wain-ropes would not bring me back again to that accursed island; and the worst dreams that ever I have are when I hear the surf booming about its coasts or start upright in bed with the sharp voice of Captain Flint still ringing in my ears: “Pieces of eight! Pieces of eight!”
Continue reading "Rising Household Debt: Increasing Demand or Increasing Supply?" »
Continue reading "Historical Echoes: The Trouble with Money" »
Continue reading "Just Released: What Kinds of Jobs Have Been Created during the Recovery?" »
Continue reading "Why U.S. Exporters Use Letters of Credit" »
Continue reading "The Trade Finance Business of U.S. Banks" »
Continue reading "Just Released: The New York Fed Staff Forecast—May 2014" »
Continue reading "Will the United States Benefit from the Trans-Pacific Partnership?" »
Continue reading "When Are Equity Investors Paid to Take Risk?" »
Liberty Street Economics is now available on the iPhone® and iPad® and can be customized by economic research topic or economist.