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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.

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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How Inflation Helps Keep the Rich Up and the Poor Down

Mises DailyMay 31, 2014
Inflation puts a brake on social mobility: the rich stay rich (longer) and the poor stay poor (longer) than they would in a free society.

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The Quarterly Journal of Austrian Economics

Free Banking and Fractional Reserves: Response to Pascal Salin

Journals
Pascal's Salin's (1998) critique of my article "Free Banking and the Free Bankers" (1996) raises several important issues about the theory of banking...

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