Monetary Theory

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Robert P. Murphy

Shelton has been condemned by "experts" from both sides, but anybody who would liken the Fed to the Soviet central planners is an independent thinker worth considering.

Ludwig von Mises

Where there is no business at all, business can be neither good nor bad. There may be starvation, and famine, but no depression in the sense in which this term is used in dealing with the problems of a market economy.

Henry Hazlitt

 Increased velocity of circulation is not, in itself, a contributing cause of higher commodity prices. It is not even a link in the chain of causation.

Kristoffer Mousten Hansen

Is the standard Austrian theory of the origin of money "conjectural history"? Kristoffer Hansen's response to Gary North's counter-interpretation of the theory of the origin of money.

Murray N. Rothbard

Unlike Hamilton, Jefferson did not believe that state coercion should be used to re-shape and control society and markets.