“Fool’s Gold” Standards
What is ultimately desired is a return to a market-chosen money — gold or silver money, not a gold- or silver-"backed" money.
What is ultimately desired is a return to a market-chosen money — gold or silver money, not a gold- or silver-"backed" money.
Germany was now defenseless, dependent on Wilson and the Allies keeping their word.
Marx not only sought a future society that would put an end to history: he claimed to have found the path toward that utopia.
Between you and a Belgian, therefore, there is exactly the same difference as in my trade there would be between a blunt and a sharp axe.
With the lessons contained in the following list of resources, you can easily blow down the fundamentally flimsy arguments of the hurri-Keynesians.
Let us review Bastiat's original lesson and apply it to modern-day disputes over the possible benefits of destructive events.
It seems that we may never rid ourselves of the broken-window fallacy.
Vlad Tepes III, the man who would become the inspiration for Count Dracula, was one of the most atrocious and cruel tyrants in history.
The Dutch West India Company had many valuable and important interests, of which the colony of New Netherland was one of the least valued.
Capitalism needs more foul-weather friends, not fair-weather friends like the governor of New Jersey.