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Thorsten Polleit

Works Published inQuarterly Journal of Austrian Economics

AwardsO.P. Alford III Prize in Political Economy

Dr. Thorsten Polleit, Chief Economist of Degussa ( and Honorary Professor at the University of Bayreuth. His personal website is:

Dr. Thorsten Polleit, Chief Economist of Degussa ( and Honorary Professor at the University of Bayreuth. His personal website is:

The "Natural Interest Rate" Is Always Positive and Cannot Be Negative

Mises DailyMarch 21, 2015
We're now in the world of negative interest rates, and Mises’s insights about human action are the key to understanding the implications of this, and in understanding the impossibility of a negative “natural” or “originary” interest rate...

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A Golden Opportunity for Switzerland

Mises DailyNovember 25, 2014
The Swiss are set to vote on a new initiative requiring the central bank to keep at least 20 percent of its assets in gold." How would such a measure be enacted and how would it affect Switzerland's economy?...

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Review of Institutions in Crisis: European Perspectives on the Recession, by David Howden, ed.

Institute Publications
This volume brings together highly important and relevant essays from distinguished authors, all of which are firmly anchored in the tradition of the Austrian School of Economics.

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Fiat Money and Collective Corruption

Institute Publications
In this article it will be argued that collective corruption - which is the logical result of government interventionism in the field of money production

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The High Price of Delaying the Default

Mises DailyFebruary 26, 2014
A central-bank induced boom cannot continue forever. The piper must be paid.

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