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- Search found 4 items for:
- Capital and Interest Theory
- Money and Banking
- Jörg Guido Hülsmann
Media Asset
Author:
Jörg Guido Hülsmann
Online Publish Date:
Advanced lecture on the theory of pure interest, discussing its pros and cons as compared to other theories, and its relationship with capital theory. Recorded at Mises University
Journal of Libertarian Studies
Author:
Jörg Guido Hülsmann
Online Publish Date:
This article will explore the economics of legal tender laws, arguing that they are not only a necessary prerequisite of paper money, but also benefit fractional-reserve banking. Such laws make paper money and fractional-reserve banking more widespread than they would otherwise be. Thus, legal tender laws must be understood as a major factor in