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Jörg Guido Hülsmann

Works Published inQuarterly Journal of Austrian Economics

AwardsO.P. Alford III Prize in Political Economy

Contact Jörg Guido Hülsmann

Jörg Guido Hülsmann is senior fellow of the Mises Institute and author of Mises: The Last Knight of Liberalism and The Ethics of Money Production. He teaches in France, at Université d'Angers.

How Money Production Can Worsen Income Inequality

Mises DailyFebruary 28, 2015
Money creation does not benefit equally. It creates a class of winners (those who get new money first) at the expense of losers (those who get new money later). Not surprisingly, an inflationary money supply increases the wealth and income gap in society.

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Why the Austrian Understanding of Money and Banks Is So Important

Mises DailyFebruary 17, 2015
Austrians today are nearly alone in asserting what the classical economists all knew. You cannot create prosperity by creating more money, but only through increases in technological progress, frugality, trade, and a division of labor.

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The Cultural and Political Consequences of Fiat Money

Audio/VideoNovember 20, 2014
Our global system of fiat moneys favors spenders and borrowers over savers. Low—and moderate—income households who wish to save for the future are at the greatest disadvantage, and this has led to profound cultural changes over the past century, writes Guido Hülsmann. This audio Mises...

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The Cultural and Political Consequences of Fiat Money

Mises DailyNovember 20, 2014
Our global system of fiat moneys favors spenders and borrowers over savers. Low- and moderate-income households who wish to save for the future are at the greatest disadvantage, and this has led to profound cultural changes over the past century.

Read more

The Cultural and Political Consequences of Fiat Money

JournalsOctober 31, 2014
The Free Market 32, no. 10 (October 2014) It may seem unusual that an economist would talk about culture. Usually, we talk about prices and production, quantities produced, employment, the structure of production, scarce resources, and entrepreneurship. But there are certain things that economists...

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