Monetary Theory

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Gary North

Keynesian economics is the economics of debt-addicted, lower-class spendthrifts: modern governments.

Jörg Guido Hülsmann

Among the fallacies Mises debunked in his first book were those of the chartalists - the predecessors of Modern Monetary Theory.

Mateusz Machaj

Machaj, a contributor to McCaffrey’s The Economic Theory of Costs, replies to Israel to clarify and develop his point on imputed value and price formation.

Several generations have benefited unknowingly from Mariana's courageous efforts to defend private property and freedom against the tyrants of his day.

Juan de Mariana

Translation of the appendix to Juan de Mariana's most libertarian book De rege et regis institutione.

Ludwig von Mises

The demand for a medium of exchange is the composite of two partial demands: the intention to use it in consumption and production and the intention to use it as a medium of exchange.

Mark Thornton

What the Fed was saying in 2007 suggests the central bank was practicing either deception, incompetence, or a combination of both.